Top Wealth Group Holding Ltd (TWG) Stock: A Closer Look at the Market Potential

The public float for TWG is 2.00M, and currently, short sellers hold a 153.12% ratio of that floaft. The average trading volume of TWG on November 04, 2024 was 7.36M shares.

TWG) stock’s latest price update

Top Wealth Group Holding Ltd (NASDAQ: TWG)’s stock price has decreased by -5.23 compared to its previous closing price of 0.48. However, the company has seen a -37.53% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-14 that Hong Kong, Oct. 14, 2024 (GLOBE NEWSWIRE) —  Top Wealth Group Holding Limited (NASDAQ: TWG) (“Top Wealth” or the “Company”), a Hong Kong-based supplier of luxury caviar products, today announced the closing of its public offering of 27,000,000 ordinary shares at a public offering price of $0.4 per ordinary share.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

TWG’s Market Performance

Top Wealth Group Holding Ltd (TWG) has seen a -37.53% fall in stock performance for the week, with a -72.55% decline in the past month and a -50.74% plunge in the past quarter. The volatility ratio for the week is 18.26%, and the volatility levels for the past 30 days are at 101.66% for TWG. The simple moving average for the last 20 days is -89.44% for TWG stock, with a simple moving average of -71.02% for the last 200 days.

TWG Trading at -81.91% from the 50-Day Moving Average

After a stumble in the market that brought TWG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.65% of loss for the given period.

Volatility was left at 101.66%, however, over the last 30 days, the volatility rate increased by 18.26%, as shares sank -79.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.34% lower at present.

During the last 5 trading sessions, TWG fell by -38.28%, in comparison to the 20-day moving average, which settled at $4.2869. In addition, Top Wealth Group Holding Ltd saw -76.65% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for TWG

Current profitability levels for the company are sitting at:

  • 0.16 for the present operating margin
  • 0.3 for the gross margin

The net margin for Top Wealth Group Holding Ltd stands at 0.13. The total capital return value is set at 0.43.

Based on Top Wealth Group Holding Ltd (TWG), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at -0.67.

Currently, EBITDA for the company is 0.42 million with net debt to EBITDA at 0.3. When we switch over and look at the enterprise to sales, we see a ratio of 1.02. The receivables turnover for the company is 2.25for trailing twelve months and the total asset turnover is 1.83.

Conclusion

In a nutshell, Top Wealth Group Holding Ltd (TWG) 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.

Related Posts