The stock of Solowin Holdings (SWIN) has gone down by -22.37% for the week, with a -27.16% drop in the past month and a -28.63% drop in the past quarter. The volatility ratio for the week is 10.07%, and the volatility levels for the past 30 days are 8.67% for SWIN. The simple moving average for the past 20 days is -22.61% for SWIN’s stock, with a -70.21% simple moving average for the past 200 days.
Is It Worth Investing in Solowin Holdings (NASDAQ: SWIN) Right Now?
The 36-month beta value for SWIN is at -0.96. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SWIN is 4.98M, and currently, shorts hold a 2.80% of that float. The average trading volume for SWIN on December 20, 2024 was 135.88K shares.
SWIN) stock’s latest price update
The stock price of Solowin Holdings (NASDAQ: SWIN) has dropped by -7.81 compared to previous close of 1.92. Despite this, the company has seen a fall of -22.37% in its stock price over the last five trading days. globenewswire.com reported 2024-11-29 that HONG KONG, Nov. 29, 2024 (GLOBE NEWSWIRE) — SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), a leading financial services firm providing high-net-worth and institutional investors with solutions across traditional and virtual assets, today announced its strategic partnership with Horizon Trading Solutions (“Horizon”), a global leader in providing electronic trading solutions and algorithmic technology for capital markets, to integrate Horizon’s cutting-edge algorithmic technology and order management system (“OMS”) into Solomon JFZ’s institutional grade trading system for equities and the recently launched spot virtual asset ETFs.
SWIN Trading at -29.32% from the 50-Day Moving Average
After a stumble in the market that brought SWIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.56% of loss for the given period.
Volatility was left at 8.67%, however, over the last 30 days, the volatility rate increased by 10.07%, as shares sank -27.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.20% lower at present.
During the last 5 trading sessions, SWIN fell by -22.37%, which changed the moving average for the period of 200-days by -96.23% in comparison to the 20-day moving average, which settled at $2.2873. In addition, Solowin Holdings saw -40.80% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SWIN
Current profitability levels for the company are sitting at:
- -1.23 for the present operating margin
- 1.0 for the gross margin
The net margin for Solowin Holdings stands at 11.86. The total capital return value is set at -0.3. Equity return is now at value -74.48, with -35.66 for asset returns.
Currently, EBITDA for the company is -4.37 million with net debt to EBITDA at 1.95. When we switch over and look at the enterprise to sales, we see a ratio of 12.01. The receivables turnover for the company is 0.55for trailing twelve months and the total asset turnover is 0.15.
Conclusion
In conclusion, Solowin Holdings (SWIN) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
