Color Star Technology Co. Ltd. (NASDAQ:CSCW) went down by -5.83% from its latest closing price compared to the recent 1-year high of $2.67. The company’s stock price has collected 5.61% of gains in the last five trading sessions. Press Release reported 16 hours ago that Color Star Technology Co., Ltd. (NASDAQ: CSCW) Plans to Establish an International Business Unit to Seize Opportunities in the Metaverse
Is It Worth Investing in Color Star Technology Co. Ltd. (NASDAQ :CSCW) Right Now?
Color Star Technology Co. Ltd. (NASDAQ:CSCW) scored a price-to-earnings ratio above its average ratio, recording 31.39 x from its present earnings ratio. Plus, the 36-month beta value for CSCW is at 2.42. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Color Star Technology Co. Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $120.00. CSCW currently public float of 45.69M and currently shorts hold a 3.89% ratio of that float. Today, the average trading volume of CSCW was 2.15M shares.
CSCW’s Market Performance
CSCW stocks went up by 5.61% for the week, with a monthly jump of 39.70% and a quarterly performance of -5.83%, while its annual performance rate touched 58.13%. The volatility ratio for the week stands at 10.46% while the volatility levels for the past 30 days are set at 8.59% for Color Star Technology Co. Ltd.. The simple moving average for the period of the last 20 days is 19.01% for CSCW stocks with a simple moving average of 18.45% for the last 200 days.
CSCW Trading at 22.46% from the 50-Day Moving Average
After a stumble in the market that brought CSCW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.68% of loss for the given period.
Volatility was left at 8.59%, however, over the last 30 days, the volatility rate increased by 10.46%, as shares surge +32.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.60% upper at present.
During the last 5 trading sessions, CSCW rose by +5.61%, which changed the moving average for the period of 200-days by +123.50% in comparison to the 20-day moving average, which settled at $0.9634. In addition, Color Star Technology Co. Ltd. saw 60.51% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CSCW
The total capital return value is set at -28.38, while invested capital returns managed to touch -145.36. Equity return is now at value -174.10, with -27.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 5.98.