Pitanium Ltd [NASDAQ: PTNM] stock went on an upward path that rose over 62.46% on Wednesday, amounting to a one-week price increase of more than 54.81%.
Over the last 12 months, PTNM stock dropped by -57.63%.
The market cap for the stock reached $37.05 million, with 23.01 million shares outstanding and 3.35 million shares in the current float. Compared to the average trading volume of 1.84M shares, PTNM stock reached a trading volume of 52525380 in the most recent trading day, which is why market watchdogs consider the stock to be active.
PTNM Stock Performance Analysis:
Pitanium Ltd [PTNM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 54.81.
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 PTNM stock in for the last two-week period is set at 44.13, with the RSI for the last a single of trading hit 0.2749, and the three-weeks RSI is set at 0.5483 for Pitanium Ltd [PTNM]. The present Moving Average for the last 50 days of trading for this stock 4.3809, while it was recorded at 1.1382 for the last single week of trading.
Insight into Pitanium Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Pitanium Ltd [PTNM] shares currently have an operating margin of 14.70% and a Gross Margin at 79.50%. Pitanium Ltd’s Net Margin is presently recorded at 11.90%.
