The average trading volume of SGN on May 10, 2024 was 119.40K shares.
SGN) stock’s latest price update
The stock price of Signing Day Sports Inc (AMEX: SGN) has surged by 6.64 when compared to previous closing price of 0.29, but the company has seen a 0.80% gain in its stock price over the last five trading sessions. PennyStocks reported 2023-11-21 that Is the stock market open on Thanksgiving? No, but that doesn’t mean the shortened holiday week won’t be packed with stock market moving catalysts.
SGN’s Market Performance
SGN’s stock has risen by 0.80% in the past week, with a monthly drop of -11.08% and a quarterly drop of -55.26%. The volatility ratio for the week is 16.91% while the volatility levels for the last 30 days are 18.34% for Signing Day Sports Inc The simple moving average for the past 20 days is 6.32% for SGN’s stock, with a -56.95% simple moving average for the past 200 days.
SGN Trading at -17.56% from the 50-Day Moving Average
After a stumble in the market that brought SGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.82% of loss for the given period.
Volatility was left at 18.34%, however, over the last 30 days, the volatility rate increased by 16.91%, as shares sank -4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.05% lower at present.
During the last 5 trading sessions, SGN rose by +0.80%, in comparison to the 20-day moving average, which settled at $0.2951. In addition, Signing Day Sports Inc saw -72.16% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SGN starting from Kim Glen, who purchase 20,000 shares at the price of $5.00 back on Nov 16 ’23. After this action, Kim Glen now owns 752,433 shares of Signing Day Sports Inc, valued at $100,000 using the latest closing price.
Dorsey John Joseph, the 10% Owner of Signing Day Sports Inc, purchase 20,000 shares at $5.00 during a trade that took place back on Nov 16 ’23, which means that Dorsey John Joseph is holding 60,000 shares at $100,000 based on the most recent closing price.
Stock Fundamentals for SGN
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.
Conclusion
To put it simply, Signing Day Sports Inc (SGN) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
