PSIG has 36-month beta value of -0.20.
The public float for PSIG is 3.79M, and currently, short sellers hold a 1.17% ratio of that float. The average trading volume of PSIG on November 14, 2024 was 387.12K shares.
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PSIG) stock’s latest price update
PS International Group Ltd (NASDAQ: PSIG)’s stock price has dropped by -13.30 in relation to previous closing price of 0.63. Nevertheless, the company has seen a loss of -26.35% in its stock price over the last five trading days. globenewswire.com reported 2024-11-01 that Hong Kong, Nov. 01, 2024 (GLOBE NEWSWIRE) — PS International Group Ltd. (NASDAQ: PSIG) (“PSIG” or the “Company”), a long-established global logistics service provider headquartered in Hong Kong specialized in cross-border air freight services, today announced that it received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on October 30, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until April 28, 2025, to regain compliance with the minimum bid price requirement.
PSIG’s Market Performance
PSIG’s stock has fallen by -26.35% in the past week, with a monthly drop of -35.45% and a quarterly drop of -70.54%. The volatility ratio for the week is 20.01% while the volatility levels for the last 30 days are 10.81% for PS International Group Ltd The simple moving average for the past 20 days is -28.06% for PSIG’s stock, with a -92.27% simple moving average for the past 200 days.
PSIG Trading at -32.88% from the 50-Day Moving Average
After a stumble in the market that brought PSIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.48% of loss for the given period.
Volatility was left at 10.81%, however, over the last 30 days, the volatility rate increased by 20.01%, as shares sank -35.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.33% lower at present.
During the last 5 trading sessions, PSIG fell by -26.35%, in comparison to the 20-day moving average, which settled at $0.7576. In addition, PS International Group Ltd saw -95.26% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PSIG
The total capital return value is set at -0.19. Equity return is now at value -17.40, with -9.85 for asset returns.
Based on PS International Group Ltd (PSIG), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.68.
Currently, EBITDA for the company is -1.43 million with net debt to EBITDA at -0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.
Conclusion
To put it simply, PS International Group Ltd (PSIG) 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.
