Locafy Limited [NASDAQ: LCFY] surged by $1.05 during the normal trading session on Tuesday and reaching a high of $6.79 during the day while it closed the day at $6.34.
Locafy Limited stock has also gained 44.42% of its value over the past 7 days. However, LCFY stock has inclined by 61.32% in the 3 months of the year. Over the past six months meanwhile, it has lost -25.41% and gained 2.76% year-on date.
The market cap for LCFY stock reached $8.75 million, with 1.38 million shares outstanding and 1.10 million shares in the current float. Compared to the average trading volume of 1.65M shares, LCFY reached a trading volume of 6975688 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 Locafy Limited [LCFY]:
The Price to Book ratio for the last quarter was 3.96, with the Price to Cash per share for the same quarter was set at 0.20.
LCFY stock trade performance evaluation
Locafy Limited [LCFY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 44.42. With this latest performance, LCFY shares gained by 139.25% in over the last four-week period, additionally sinking by -25.41% over the last 6 months – not to mention a drop of -7.71% 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 LCFY stock in for the last two-week period is set at 64.09, with the RSI for the last a single of trading hit 0.93, and the three-weeks RSI is set at 0.88 for Locafy Limited [LCFY]. The present Moving Average for the last 50 days of trading for this stock 4.30, while it was recorded at 5.15 for the last single week of trading, and 5.74 for the last 200 days.
Locafy Limited (LCFY) Capital Structure & Debt Analysis
Locafy Limited (LCFY) Efficiency & Liquidity Metrics
Based on Locafy Limited’s (LCFY) latest financial statements, the Debt-to-Equity Ratio is 0.14%, indicating its reliance on debt financing relative to shareholder equity.
Locafy Limited (LCFY) Efficiency & Liquidity Metrics
Locafy Limited [LCFY]: Institutional Ownership
There are presently around $1.29%, or 1.60% of LCFY stock, in the hands of institutional investors.
