The stock of Linkage Global Inc (LGCB) has seen a -24.38% decrease in the past week, with a 39.61% gain in the past month, and a 8.12% flourish in the past quarter. The volatility ratio for the week is 34.79%, and the volatility levels for the past 30 days are at 21.89% for LGCB. The simple moving average for the past 20 days is -27.12% for LGCB’s stock, with a -83.69% simple moving average for the past 200 days.
Is It Worth Investing in Linkage Global Inc (NASDAQ: LGCB) Right Now?
Company’s 36-month beta value is -4.39.
The public float for LGCB is 7.20M, and currently, short sellers hold a 7.26% ratio of that floaft. The average trading volume of LGCB on January 20, 2025 was 3.86M shares.
LGCB) stock’s latest price update
Linkage Global Inc (NASDAQ: LGCB) has experienced a decline in its stock price by -22.27 compared to its previous closing price of 0.37. However, the company has seen a fall of -24.38% in its stock price over the last five trading days. globenewswire.com reported 2024-11-06 that Tokyo Japan, Nov. 06, 2024 (GLOBE NEWSWIRE) — Linkage Global Inc (the “Company” or “Linkage”), (NASDAQ: LGCB), a cross-border e-commerce integrated services provider headquartered in Japan, today announced that, on October 31, 2024, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that based upon the closing bid price of the Class A ordinary shares of the Company for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2) to maintain a minimum bid price of $1 per share.
LGCB Trading at -2.00% from the 50-Day Moving Average
After a stumble in the market that brought LGCB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.96% of loss for the given period.
Volatility was left at 21.89%, however, over the last 30 days, the volatility rate increased by 34.79%, as shares surge +37.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.94% upper at present.
During the last 5 trading sessions, LGCB fell by -24.38%, which changed the moving average for the period of 200-days by -91.12% in comparison to the 20-day moving average, which settled at $0.3946. In addition, Linkage Global Inc saw -34.89% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LGCB starting from Zhihua Wu, who proposed sale 9,949,219 shares at the price of $0.26 back on Nov 14 ’24. After this action, Zhihua Wu now owns shares of Linkage Global Inc, valued at $2,561,923 using the latest closing price.
Rosy Gold Investments Ltd, the Director and Chief Operating O of Linkage Global Inc, proposed sale 399,990 shares at $0.26 during a trade that took place back on Nov 14 ’24, which means that Rosy Gold Investments Ltd is holding shares at $102,997 based on the most recent closing price.
Stock Fundamentals for LGCB
Current profitability levels for the company are sitting at:
- -0.37 for the present operating margin
- -0.02 for the gross margin
The net margin for Linkage Global Inc stands at -0.32. The total capital return value is set at -25.38. Equity return is now at value -36.38, with -16.36 for asset returns.
Based on Linkage Global Inc (LGCB), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at -183.97. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is -70.31.
Currently, EBITDA for the company is -0.43 million with net debt to EBITDA at -0.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.66. The receivables turnover for the company is 196.59for trailing twelve months and the total asset turnover is 39.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.15.
Conclusion
In a nutshell, Linkage Global Inc (LGCB) has experienced a mixed 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.
