Company’s 36-month beta value is 3.00.
The public float for MLGO is 6.53M, and currently, short sellers hold a 21.23% ratio of that floaft. The average trading volume of MLGO on November 04, 2024 was 31.12M shares.
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MLGO) stock’s latest price update
MicroAlgo Inc (NASDAQ: MLGO) has seen a rise in its stock price by 7.67 in relation to its previous close of 0.21. However, the company has experienced a -4.36% decline in its stock price over the last five trading sessions. marketbeat.com reported 2024-06-25 that MicroAlgo Inc. NASDAQ: MLGO has captured the attention of investors and analysts with a 200% surge in its stock price. This dramatic increase coincided with a shareholder update and MicroAlgo’s news of a significant investment by Masaya Otsuka.
MLGO’s Market Performance
MicroAlgo Inc (MLGO) has seen a -4.36% fall in stock performance for the week, with a -36.81% decline in the past month and a -81.20% plunge in the past quarter. The volatility ratio for the week is 10.37%, and the volatility levels for the past 30 days are at 18.29% for MLGO. The simple moving average for the past 20 days is -21.44% for MLGO’s stock, with a -93.33% simple moving average for the past 200 days.
MLGO Trading at -25.95% from the 50-Day Moving Average
After a stumble in the market that brought MLGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.86% of loss for the given period.
Volatility was left at 18.29%, however, over the last 30 days, the volatility rate increased by 10.37%, as shares sank -30.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -61.02% lower at present.
During the last 5 trading sessions, MLGO fell by -4.36%, which changed the moving average for the period of 200-days by -96.15% in comparison to the 20-day moving average, which settled at $0.2823. In addition, MicroAlgo Inc saw -97.57% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MLGO
Current profitability levels for the company are sitting at:
- -0.27 for the present operating margin
- 0.3 for the gross margin
The net margin for MicroAlgo Inc stands at -0.36. The total capital return value is set at -0.3.
Based on MicroAlgo Inc (MLGO), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03.
Currently, EBITDA for the company is -17.61 million with net debt to EBITDA at 2.47. When we switch over and look at the enterprise to sales, we see a ratio of -0.4. The receivables turnover for the company is 28.31for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.55.
Conclusion
In a nutshell, MicroAlgo Inc (MLGO) 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.
