MicroAlgo Inc [NASDAQ: MLGO] surged by $0.79 during the normal trading session on while it closed the day at $3.13.
MicroAlgo Inc stock has also loss -21.36% of its value over the past 7 days. However, MLGO stock has inclined by 135.34% in the 3 months of the year. Over the past six months meanwhile, it has lost -22.14% and lost -16.76% year-on date.
The market cap for MLGO stock reached $31.21 million, with 13.14 million shares outstanding and 10.70 million shares in the current float. Compared to the average trading volume of 26.90M shares, MLGO reached a trading volume of 45747695 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about MicroAlgo Inc [MLGO]:
The Average True Range (ATR) for MicroAlgo Inc is set at 2.32, with the Price to Sales ratio for MLGO stock in the period of the last 12 months amounting to 0.41. The Price to Book ratio for the last quarter was 0.28, with the Price to Cash per share for the same quarter was set at 16.54. Price to Free Cash Flow for MLGO in the course of the last twelve months was 7.67 with Quick ratio for the last quarter at 6.11.
MLGO stock trade performance evaluation
MicroAlgo Inc [MLGO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.36. With this latest performance, MLGO shares dropped by -80.33% in over the last four-week period, additionally sinking by -22.14% over the last 6 months – not to mention a drop of -93.61% 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 MLGO stock in for the last two-week period is set at 35.88, with the RSI for the last a single of trading hit 31.27, and the three-weeks RSI is set at 39.84 for MicroAlgo Inc [MLGO]. The present Moving Average for the last 50 days of trading for this stock 9.02, while it was recorded at 2.79 for the last single week of trading, and 6.92 for the last 200 days.
MicroAlgo Inc [MLGO]: An insightful look at the core fundamentals
MicroAlgo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.11 and a Current Ratio set at 6.11.
