In the past week, SWVL stock has gone up by 22.32%, with a monthly decline of -0.80% and a quarterly surge of 186.61%. The volatility ratio for the week is 18.32%, and the volatility levels for the last 30 days are 23.46% for Swvl Holdings Corp The simple moving average for the past 20 days is 10.23% for SWVL’s stock, with a 276.65% simple moving average for the past 200 days.
Is It Worth Investing in Swvl Holdings Corp (NASDAQ: SWVL) Right Now?
Swvl Holdings Corp (NASDAQ: SWVL) has a price-to-earnings ratio that is above its average at 1.69x. The stock has a 36-month beta value of 0.68. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SWVL is 3.67M, and at present, short sellers hold a 1.83% of that float. On May 01, 2024, the average trading volume of SWVL was 114.13K shares.
SWVL) stock’s latest price update
The stock price of Swvl Holdings Corp (NASDAQ: SWVL) has jumped by 35.38 compared to previous close of 10.12. Despite this, the company has seen a gain of 22.32% in its stock price over the last five trading days. InvestorPlace reported 2023-01-06 that Swvl (NASDAQ: SWVL ) stock closed higher by 115% today on seemingly no immediate company-specific news. Swvl operates as a transportation provider and is also the first African company to list on the Nasdaq through a special purpose acquisition company (SPAC) merger.
Analysts’ Opinion of SWVL
Many brokerage firms have already submitted their reports for SWVL stocks, with Robert W. Baird repeating the rating for SWVL by listing it as a “Outperform.” The predicted price for SWVL in the upcoming period, according to Robert W. Baird is $8 based on the research report published on September 09, 2022 of the previous year 2022.
SWVL Trading at 44.52% from the 50-Day Moving Average
After a stumble in the market that brought SWVL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.56% of loss for the given period.
Volatility was left at 23.46%, however, over the last 30 days, the volatility rate increased by 18.32%, as shares sank -9.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +166.54% upper at present.
During the last 5 trading sessions, SWVL rose by +22.32%, which changed the moving average for the period of 200-days by +1,013.82% in comparison to the 20-day moving average, which settled at $12.35. In addition, Swvl Holdings Corp saw 718.59% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SWVL
Current profitability levels for the company are sitting at:
- -1.69 for the present operating margin
- 11.62 for the gross margin
The net margin for Swvl Holdings Corp stands at 0.16.
When we switch over and look at the enterprise to sales, we see a ratio of -31.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
Conclusion
To sum up, Swvl Holdings Corp (SWVL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
