Digi Power X Inc [NASDAQ: DGXX] stock went on a downward path that fall over -2.76% on Thursday, amounting to a one-week price increase of more than 2.17%.
Over the last 12 months, DGXX stock dropped by -4.73%. The one-year Digi Power X Inc stock forecast points to a potential upside of 43.6. The average equity rating for DGXX stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $52.13 million, with 36.31 million shares outstanding and 26.35 million shares in the current float. Compared to the average trading volume of 885.43K shares, DGXX stock reached a trading volume of 26553771 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Digi Power X Inc [DGXX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DGXX shares is $2.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DGXX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Digi Power X Inc is set at 0.20, with the Price to Sales ratio for DGXX stock in the period of the last 12 months amounting to 1.56. The Price to Book ratio for the last quarter was 2.14, with the Price to Cash per share for the same quarter was set at 0.14.
DGXX Stock Performance Analysis:
Digi Power X Inc [DGXX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.17. With this latest performance, DGXX shares gained by 55.80% in over the last four-week period, additionally sinking by -18.97% over the last 6 months – not to mention a drop of -4.73% 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 DGXX stock in for the last two-week period is set at 51.75, with the RSI for the last a single of trading hit 48.91, and the three-weeks RSI is set at 51.43 for Digi Power X Inc [DGXX]. The present Moving Average for the last 50 days of trading for this stock 1.2229, while it was recorded at 1.5480 for the last single week of trading, and 1.5619 for the last 200 days.
Insight into Digi Power X Inc Fundamentals:
Digi Power X Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.87 and a Current Ratio set at 0.87.
