The average trading volume of SFHG on December 16, 2024 was 1.26M shares.
SFHG) stock’s latest price update
Samfine Creation Holdings Group Ltd (NASDAQ: SFHG)’s stock price has gone decline by -25.90 in comparison to its previous close of 1.17, however, the company has experienced a -96.15% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-10-25 that Hong Kong, Oct. 25, 2024 (GLOBE NEWSWIRE) — Samfine Creation Holdings Group Limited (Nasdaq: SFHG) (the “Company”), a one-stop printing service provider, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option in full to purchase an additional 300,000 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $1.2 million. After giving effect to the full exercise of the over-allotment option, the total number of ordinary shares sold by the Company in the Offering increased to 2,300,000 ordinary shares and the gross proceeds increased to $9.2 million, before deducting underwriting discounts and other related expenses. The option closing date was October 25, 2024. The ordinary shares began trading on the Nasdaq Capital Market on October 15, 2024 under the symbol “SFHG.”
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SFHG’s Market Performance
The volatility ratio for the week is 155.90%, and the volatility levels for the past 30 days are at 50.19% for SFHG. The simple moving average for the last 20 days is -92.98% for SFHG’s stock, with a simple moving average of -92.30% for the last 200 days.
SFHG Trading at -92.30% from the 50-Day Moving Average
After a stumble in the market that brought SFHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.39% of loss for the given period.
Volatility was left at 50.19%, however, over the last 30 days, the volatility rate increased by 155.90%, as shares sank -94.33% for the moving average over the last 20 days.
During the last 5 trading sessions, SFHG fell by -96.22%, in comparison to the 20-day moving average, which settled at $12.3415. In addition, Samfine Creation Holdings Group Ltd saw -83.64% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SFHG
Equity return is now at value -13.79, with -3.23 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
Conclusion
In conclusion, Samfine Creation Holdings Group Ltd (SFHG) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
