Treasure Global Inc [TGL] Stock trading around $0.26 per share: What’s Next?

ETSY Stock

Treasure Global Inc [NASDAQ: TGL] price plunged by -32.18 percent to reach at -$0.13.

The one-year TGL stock forecast points to a potential upside of 99.17.

Guru’s Opinion on Treasure Global Inc [TGL]:

The Average True Range (ATR) for Treasure Global Inc is set at 0.08, with the Price to Sales ratio for TGL stock in the period of the last 12 months amounting to 1.83. The Price to Book ratio for the last quarter was 0.22, with the Price to Cash per share for the same quarter was set at 0.00.

TGL Stock Performance Analysis:

Treasure Global Inc [TGL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.34. With this latest performance, TGL shares gained by 15.50% in over the last four-week period, additionally sinking by -90.02% over the last 6 months – not to mention a drop of -96.12% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TGL stock in for the last two-week period is set at 50.22, with the RSI for the last a single of trading hit 53.81, and the three-weeks RSI is set at 46.29 for Treasure Global Inc [TGL]. The present Moving Average for the last 50 days of trading for this stock 0.3319, while it was recorded at 0.2423 for the last single week of trading, and 2.0250 for the last 200 days.

Insight into Treasure Global Inc Fundamentals:

Treasure Global Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.45.

Treasure Global Inc [TGL] Institutonal Ownership Details

There are presently around $1.16%, or 1.25%% of TGL stock, in the hands of institutional investors.