Starbox Group Holdings Ltd [NASDAQ: STBX] loss -9.81% or -0.2 points to close at $1.80 with a heavy trading volume of 6172886 shares.
The daily chart for STBX points out that the company has recorded -99.35% loss over the past six months.
If we look at the average trading volume of 88.03K shares, STBX reached to a volume of 6172886 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Starbox Group Holdings Ltd [STBX]:
The Average True Range (ATR) for Starbox Group Holdings Ltd is set at 1.89, with the Price to Sales ratio for STBX stock in the period of the last 12 months amounting to 0.17. The Price to Book ratio for the last quarter was 0.07, with the Price to Cash per share for the same quarter was set at 2.03.
Trading performance analysis for STBX stock
Starbox Group Holdings Ltd [STBX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.26. With this latest performance, STBX shares dropped by -36.68% in over the last four-week period, additionally sinking by -99.35% over the last 6 months – not to mention a drop of -99.67% 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 STBX stock in for the last two-week period is set at 18.43, with the RSI for the last a single of trading hit 20.59, and the three-weeks RSI is set at 22.32 for Starbox Group Holdings Ltd [STBX]. The present Moving Average for the last 50 days of trading for this stock 14.6602, while it was recorded at 2.0297 for the last single week of trading, and 210.4183 for the last 200 days.
Starbox Group Holdings Ltd [STBX]: A deeper dive into fundamental analysis
Starbox Group Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.33 and a Current Ratio set at 4.33.
An analysis of Institutional ownership at Starbox Group Holdings Ltd [STBX]
There are presently around $0.01%, or 0.01%% of STBX stock, in the hands of institutional investors.
