Examining the Volatility of YY Group Holding Ltd’s (YYGH) Stock

The simple moving average for the past 20 days is -23.48% for YYGH’s stock, with a -23.48% simple moving average for the past 200 days.

Is It Worth Investing in YY Group Holding Ltd (NASDAQ: YYGH) Right Now?

The average trading volume of YYGH on May 06, 2024 was 2.48M shares.

YYGH) stock’s latest price update

YY Group Holding Ltd (NASDAQ: YYGH)’s stock price has gone decline by -12.16 in comparison to its previous close of 2.22, however, the company has experienced a -33.67% decrease in its stock price over the last five trading days.

YYGH Trading at -23.48% from the 50-Day Moving Average

After a stumble in the market that brought YYGH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.51% of loss for the given period.

During the last 5 trading sessions, YYGH fell by -33.67%, in comparison to the 20-day moving average. In addition, YY Group Holding Ltd saw -32.76% in overturn over a single year, with a tendency to cut further losses.

Conclusion

In a nutshell, YY Group Holding Ltd (YYGH) has experienced a bad performance in recent times. The stock has received mixed “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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