In the past week, YGMZ stock has gone up by 20.15%, with a monthly decline of -1.49% and a quarterly plunge of -3.59%. The volatility ratio for the week is 6.44%, and the volatility levels for the last 30 days are 6.51% for MingZhu Logistics Holdings Ltd The simple moving average for the past 20 days is 15.55% for YGMZ’s stock, with a -14.64% simple moving average for the past 200 days.
Is It Worth Investing in MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) Right Now?
The stock has a 36-month beta value of 1.35.
The public float for YGMZ is 13.68M, and at present, short sellers hold a 0.14% of that float. On April 19, 2024, the average trading volume of YGMZ was 253.51K shares.
YGMZ) stock’s latest price update
The stock price of MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) has jumped by 20.21 compared to previous close of 0.39. Despite this, the company has seen a gain of 20.15% in its stock price over the last five trading days. PennyStocks reported 2021-12-29 that These penny stocks are on the move, early and here’s why. The post Hot Penny Stocks To Watch Before Today’s Opening Bell appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
YGMZ Trading at 2.50% from the 50-Day Moving Average
After a stumble in the market that brought YGMZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.62% of loss for the given period.
Volatility was left at 6.51%, however, over the last 30 days, the volatility rate increased by 6.44%, as shares sank -3.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.16% upper at present.
During the last 5 trading sessions, YGMZ rose by +20.15%, which changed the moving average for the period of 200-days by -46.61% in comparison to the 20-day moving average, which settled at $0.4057. In addition, MingZhu Logistics Holdings Ltd saw -0.02% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for YGMZ
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.06 for the gross margin
The net margin for MingZhu Logistics Holdings Ltd stands at -0.01. The total capital return value is set at 0.0. Equity return is now at value -0.98, with -0.46 for asset returns.
Based on MingZhu Logistics Holdings Ltd (YGMZ), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at -0.25. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 0.06.
Currently, EBITDA for the company is 7.7 million with net debt to EBITDA at 7.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 1.98for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To sum up, MingZhu Logistics Holdings Ltd (YGMZ) has seen a bad 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.
