Top Wealth Group Holding Limited (NASDAQ: TWG) has a price-to-earnings ratio of 16.55x that is above its average ratio.
TWG currently public float of 9.14M.The average trading volume of TWG on April 30, 2024 was 6.24M shares.
TWG) stock’s latest price update
The stock of Top Wealth Group Holding Limited (NASDAQ: TWG) has decreased by -7.95 when compared to last closing price of 1.51.Despite this, the company has seen a loss of -46.54% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-20 that U.S. IPO Weekly Recap: 2 Sizable Deals Price Up And Trade Up, While Broader IPO Market Slides
TWG’s Market Performance
The simple moving average for the past 20 days is -33.77% for TWG’s stock, with a -33.77% simple moving average for the past 200 days.
TWG Trading at -33.77% from the 50-Day Moving Average
After a stumble in the market that brought TWG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.73% of loss for the given period.
During the last 5 trading sessions, TWG fell by -46.54%, in comparison to the 20-day moving average. In addition, Top Wealth Group Holding Limited saw -28.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TWG
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.80.
Conclusion
In conclusion, Top Wealth Group Holding Limited (TWG) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
