SRIVARU Holding Ltd. (NASDAQ: SVMH) has a price-to-earnings ratio that is above its average at 62.83x. The stock has a 36-month beta value of -1.10.
The public float for SVMH is 35.18M, and at present, short sellers hold a 1.20% of that float. On April 23, 2024, the average trading volume of SVMH was 1.13M shares.
SVMH) stock’s latest price update
SRIVARU Holding Ltd. (NASDAQ: SVMH)’s stock price has plunge by 11.23relation to previous closing price of 0.20. Nevertheless, the company has seen a 10.50% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-01-16 that Srivaru (NASDAQ: SVMH ) stock is sliding lower on Tuesday after the electric vehicle (EV) company’s shares underwent a massive rally on Friday. Srivaru closed out trading on Friday up 46.2%.
SVMH’s Market Performance
SRIVARU Holding Ltd. (SVMH) has seen a 10.50% rise in stock performance for the week, with a 2.28% gain in the past month and a -10.24% plunge in the past quarter. The volatility ratio for the week is 10.00%, and the volatility levels for the past 30 days are at 13.46% for SVMH. The simple moving average for the past 20 days is 3.31% for SVMH’s stock, with a -82.04% simple moving average for the past 200 days.
SVMH Trading at 2.29% from the 50-Day Moving Average
After a stumble in the market that brought SVMH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.44% of loss for the given period.
Volatility was left at 13.46%, however, over the last 30 days, the volatility rate increased by 10.00%, as shares surge +8.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.17% upper at present.
During the last 5 trading sessions, SVMH rose by +10.50%, in comparison to the 20-day moving average, which settled at $0.2138. In addition, SRIVARU Holding Ltd. saw -38.52% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SVMH
Equity return is now at value 0.81, with 0.48 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
To sum up, SRIVARU Holding Ltd. (SVMH) 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.
