Luokung Technology Corp. (NASDAQ:LKCO) went down by -6.76% from its latest closing price compared to the recent 1-year high of $1.40. The company’s stock price has collected 4.01% of gains in the last five trading sessions. Press Release reported on 02/05/21 that Luokung Technology Corp. Announces $5.0 Million Registered Direct Placement
Is It Worth Investing in Luokung Technology Corp. (NASDAQ :LKCO) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Luokung Technology Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
LKCO currently public float of 139.19M and currently shorts hold a 0.03% ratio of that float. Today, the average trading volume of LKCO was 2.89M shares.
LKCO’s Market Performance
LKCO stocks went up by 4.01% for the week, with a monthly drop of -16.88% and a quarterly performance of 48.84%, while its annual performance rate touched -29.65%. The volatility ratio for the week stands at 12.35% while the volatility levels for the past 30 days are set at 12.59% for Luokung Technology Corp.. The simple moving average for the period of the last 20 days is -9.19% for LKCO stocks with a simple moving average of 12.40% for the last 200 days.
LKCO Trading at -1.44% from the 50-Day Moving Average
After a stumble in the market that brought LKCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.29% of loss for the given period.
Volatility was left at 12.59%, however, over the last 30 days, the volatility rate increased by 12.35%, as shares sank -23.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +55.76% upper at present.
During the last 5 trading sessions, LKCO rose by +4.01%, which changed the moving average for the period of 200-days by +34.45% in comparison to the 20-day moving average, which settled at $0.6948. In addition, Luokung Technology Corp. saw -5.88% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LKCO
Current profitability levels for the company are sitting at:
- -167.32 for the present operating margin
- +18.15 for the gross margin
The net margin for Luokung Technology Corp. stands at -167.81. The total capital return value is set at -40.13, while invested capital returns managed to touch -41.74.
Based on Luokung Technology Corp. (LKCO), the company’s capital structure generated 64.24 points at debt to equity in total, while total debt to capital is 39.11. Total debt to assets is 29.64, with long-term debt to equity ratio resting at 61.34. Finally, the long-term debt to capital ratio is 37.19.
When we switch over and look at the enterprise to sales, we see a ratio of 19.10, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 0.57 and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.