Luokung Technology Corp. (NASDAQ:LKCO) went down by -14.36% from its latest closing price compared to the recent 1-year high of $3.86. The company’s stock price has collected -32.61% of loss in the last five trading sessions. Press Release reported on 02/22/21 that Luokung Technology Corp. Announces the Closing of $100 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules
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 299.04M and currently shorts hold a 0.39% ratio of that float. Today, the average trading volume of LKCO was 13.10M shares.
LKCO’s Market Performance
LKCO stocks went down by -32.61% for the week, with a monthly jump of 146.03% and a quarterly performance of 158.33%, while its annual performance rate touched 72.24%. The volatility ratio for the week stands at 21.00% while the volatility levels for the past 30 days are set at 25.65% for Luokung Technology Corp.. The simple moving average for the period of the last 20 days is 10.93% for LKCO stocks with a simple moving average of 136.56% for the last 200 days.
LKCO Trading at 58.98% 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 -59.84% of loss for the given period.
Volatility was left at 25.65%, however, over the last 30 days, the volatility rate increased by 21.00%, as shares surge +137.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +171.93% upper at present.
During the last 5 trading sessions, LKCO fell by -32.61%, which changed the moving average for the period of 200-days by +240.66% in comparison to the 20-day moving average, which settled at $1.4421. In addition, Luokung Technology Corp. saw 127.94% in overturn over a single year, with a tendency to cut further gains.
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.