Treasure Global Inc’s (TGL) Stock: A 61.03% Annual Performance Rate

In the past week, TGL stock has gone up by 20.46%, with a monthly gain of 53.22% and a quarterly plunge of -16.08%. The volatility ratio for the week is 14.04%, and the volatility levels for the last 30 days are 17.78% for Treasure Global Inc The simple moving average for the past 20 days is 23.87% for TGL’s stock, with a -78.21% simple moving average for the past 200 days.

Is It Worth Investing in Treasure Global Inc (NASDAQ: TGL) Right Now?

The stock has a 36-month beta value of -0.77. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for TGL is 0.79M, and at present, short sellers hold a 12.75% of that float. On April 03, 2024, the average trading volume of TGL was 725.47K shares.

TGL) stock’s latest price update

The stock price of Treasure Global Inc (NASDAQ: TGL) has jumped by 22.72 compared to previous close of 4.27. Despite this, the company has seen a gain of 20.46% in its stock price over the last five trading days. InvestorPlace reported 2024-02-15 that Treasure Global (NASDAQ: TGL ) stock is taking a beating on Thursday following the release of the e-commerce company’s earnings report for its fiscal second quarter of 2024. The bad news for TGL stockholders comes from the company’s revenue of $6.71 million during the quarter.

TGL Trading at -0.29% from the 50-Day Moving Average

After a stumble in the market that brought TGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.88% of loss for the given period.

Volatility was left at 17.78%, however, over the last 30 days, the volatility rate increased by 14.04%, as shares surge +44.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.28% lower at present.

During the last 5 trading sessions, TGL rose by +20.46%, which changed the moving average for the period of 200-days by -94.58% in comparison to the 20-day moving average, which settled at $4.31. In addition, Treasure Global Inc saw -16.08% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TGL starting from TEO CHONG CHAN, who purchase 1,170,000 shares at the price of $0.08 back on Feb 02 ’24. After this action, TEO CHONG CHAN now owns 3,953,516 shares of Treasure Global Inc, valued at $98,397 using the latest closing price.

TEO CHONG CHAN, the Chief Executive Officer of Treasure Global Inc, purchase 1,057,519 shares at $0.18 during a trade that took place back on Oct 30 ’23, which means that TEO CHONG CHAN is holding 2,661,714 shares at $187,181 based on the most recent closing price.

Stock Fundamentals for TGL

Current profitability levels for the company are sitting at:

  • -0.16 for the present operating margin
  • 0.01 for the gross margin

The net margin for Treasure Global Inc stands at -0.17. The total capital return value is set at -2.32. Equity return is now at value -212.70, with -167.86 for asset returns.

Based on Treasure Global Inc (TGL), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -179.33. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -11.11.

Currently, EBITDA for the company is -10.1 million with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 0.08. The receivables turnover for the company is 270.35for trailing twelve months and the total asset turnover is 10.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.

Conclusion

To sum up, Treasure Global Inc (TGL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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