Top KingWin Ltd (WAI) Shares Rise Despite Market Challenges

Top KingWin Ltd (NASDAQ: WAI)’s stock price has gone rise by 1.82 in comparison to its previous close of 0.50, however, the company has experienced a 6.06% increase in its stock price over the last five trading days.

Is It Worth Investing in Top KingWin Ltd (NASDAQ: WAI) Right Now?

The stock has a 36-month beta value of 1.31.

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The public float for WAI is 175.18M, and at present, short sellers hold a 0.35% of that float. On October 23, 2024, the average trading volume of WAI was 1.29M shares.

WAI’s Market Performance

WAI’s stock has seen a 6.06% increase for the week, with a 37.45% rise in the past month and a 59.04% gain in the past quarter. The volatility ratio for the week is 16.07%, and the volatility levels for the past 30 days are at 24.40% for Top KingWin Ltd The simple moving average for the past 20 days is -6.00% for WAI’s stock, with a -35.59% simple moving average for the past 200 days.

WAI Trading at 34.20% from the 50-Day Moving Average

After a stumble in the market that brought WAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.21% of loss for the given period.

Volatility was left at 24.40%, however, over the last 30 days, the volatility rate increased by 16.07%, as shares surge +44.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +141.87% upper at present.

During the last 5 trading sessions, WAI rose by +10.00%, which changed the moving average for the period of 200-days by -54.87% in comparison to the 20-day moving average, which settled at $0.5425. In addition, Top KingWin Ltd saw -71.07% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for WAI

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.93.

Conclusion

To sum up, Top KingWin Ltd (WAI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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