Analysts have varying views on the stock, with 10 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for SWIN is 2.50M, and currently, shorts hold a 9.63% of that float. The average trading volume for SWIN on May 10, 2024 was 450.48K shares.
SWIN) stock’s latest price update
The stock price of Solowin Holdings (NASDAQ: SWIN) has jumped by 15.04 compared to previous close of 14.69. Despite this, the company has seen a gain of 27.93% in its stock price over the last five trading days. GlobeNewsWire reported 2024-02-01 that Showcasing its Virtual Asset Business HONG KONG, Feb. 01, 2024 (GLOBE NEWSWIRE) — SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), one of the few Chinese investor-focused and versatile securities brokerage companies based in Hong Kong, debuted in two recent major investment conferences by delivering compelling presentations and engaging in one-on-one meetings with investors at the Sequire Investor Summit, in San Juan, Puerto Ric, from January 23 to 25, 2024, and The Microcap Conference, in Atlantic City, New Jersey from January 30 to February 1, 2024. During the conferences, the Company highlighted the recent development of its virtual asset business.
SWIN’s Market Performance
Solowin Holdings (SWIN) has seen a 27.93% rise in stock performance for the week, with a 98.82% gain in the past month and a 219.47% surge in the past quarter. The volatility ratio for the week is 9.51%, and the volatility levels for the past 30 days are at 14.96% for SWIN. The simple moving average for the past 20 days is 41.88% for SWIN’s stock, with a 176.36% simple moving average for the past 200 days.
SWIN Trading at 35.06% from the 50-Day Moving Average
After a stumble in the market that brought SWIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.71% of loss for the given period.
Volatility was left at 14.96%, however, over the last 30 days, the volatility rate increased by 9.51%, as shares surge +84.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.21% upper at present.
During the last 5 trading sessions, SWIN rose by +27.93%, in comparison to the 20-day moving average, which settled at $12.30. In addition, Solowin Holdings saw 465.22% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SWIN
Current profitability levels for the company are sitting at:
- 0.49 for the present operating margin
- 1.0 for the gross margin
The net margin for Solowin Holdings stands at 0.47. The total capital return value is set at 0.17.
Currently, EBITDA for the company is 1.36 million with net debt to EBITDA at -708.56. When we switch over and look at the enterprise to sales, we see a ratio of 40.27.
Conclusion
In conclusion, Solowin Holdings (SWIN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
