AGM Group Holdings Inc (AGMH) Stock: Evaluating the Market Performance

The price-to-earnings ratio for AGM Group Holdings Inc (NASDAQ: AGMH) is 2.66x, which is above its average ratio. Moreover, the 36-month beta value for AGMH is 1.04.

The public float for AGMH is 22.15M and currently, short sellers hold a 0.06% of that float. On April 17, 2024, AGMH’s average trading volume was 92.18K shares.

AGMH) stock’s latest price update

The stock price of AGM Group Holdings Inc (NASDAQ: AGMH) has dropped by -10.63 compared to previous close of 1.60. Despite this, the company has seen a fall of -11.18% in its stock price over the last five trading days. PennyStocks reported 2022-12-19 that Hot penny stocks to watch with big news this week. The post Penny Stocks To Buy Now?

AGMH’s Market Performance

AGM Group Holdings Inc (AGMH) has experienced a -11.18% fall in stock performance for the past week, with a -24.74% drop in the past month, and a -17.34% drop in the past quarter. The volatility ratio for the week is 8.28%, and the volatility levels for the past 30 days are at 8.82% for AGMH. The simple moving average for the past 20 days is -16.47% for AGMH’s stock, with a -17.97% simple moving average for the past 200 days.

AGMH Trading at -20.18% from the 50-Day Moving Average

After a stumble in the market that brought AGMH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.87% of loss for the given period.

Volatility was left at 8.82%, however, over the last 30 days, the volatility rate increased by 8.28%, as shares sank -23.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.83% lower at present.

During the last 5 trading sessions, AGMH fell by -11.18%, which changed the moving average for the period of 200-days by -35.89% in comparison to the 20-day moving average, which settled at $1.6900. In addition, AGM Group Holdings Inc saw -20.99% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for AGMH

Current profitability levels for the company are sitting at:

  • 0.16 for the present operating margin
  • 0.15 for the gross margin

The net margin for AGM Group Holdings Inc stands at 0.11. The total capital return value is set at 0.67. Equity return is now at value 33.16, with 9.53 for asset returns.

Based on AGM Group Holdings Inc (AGMH), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -58.09.

Currently, EBITDA for the company is 16.39 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 0.17. The receivables turnover for the company is 2.85for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.

Conclusion

To wrap up, the performance of AGM Group Holdings Inc (AGMH) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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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