Company’s 36-month beta value is 1.91.
The public float for STBX is 70.42M, and currently, short sellers hold a 0.02% ratio of that floaft. The average trading volume of STBX on May 09, 2024 was 172.21K shares.
STBX) stock’s latest price update
The stock price of Starbox Group Holdings Ltd (NASDAQ: STBX) has jumped by 8.75 compared to previous close of 0.18. Despite this, the company has seen a gain of 5.46% in its stock price over the last five trading days. Benzinga reported 2023-11-24 that The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
STBX’s Market Performance
Starbox Group Holdings Ltd (STBX) has experienced a 5.46% rise in stock performance for the past week, with a -21.14% drop in the past month, and a -34.55% drop in the past quarter. The volatility ratio for the week is 11.03%, and the volatility levels for the past 30 days are at 10.22% for STBX.. The simple moving average for the past 20 days is -3.76% for STBX’s stock, with a -78.59% simple moving average for the past 200 days.
STBX Trading at -19.91% from the 50-Day Moving Average
After a stumble in the market that brought STBX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.63% of loss for the given period.
Volatility was left at 10.22%, however, over the last 30 days, the volatility rate increased by 11.03%, as shares sank -21.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.43% lower at present.
During the last 5 trading sessions, STBX rose by +5.46%, which changed the moving average for the period of 200-days by -95.49% in comparison to the 20-day moving average, which settled at $0.2001. In addition, Starbox Group Holdings Ltd saw -26.10% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for STBX
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 0.93 for the gross margin
The net margin for Starbox Group Holdings Ltd stands at 0.18. The total capital return value is set at 0.03.
Based on Starbox Group Holdings Ltd (STBX), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -5.2.
Currently, EBITDA for the company is 6.48 million with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 1.23for trailing twelve months and the total asset turnover is 0.08.
Conclusion
In a nutshell, Starbox Group Holdings Ltd (STBX) 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.
