The stock of PS International Group Ltd (NASDAQ: PSIG) has increased by 11.35 when compared to last closing price of 0.41.Despite this, the company has seen a gain of 4.09% in its stock price over the last five trading days. globenewswire.com reported 2024-12-12 that HONG KONG, Dec. 12, 2024 (GLOBE NEWSWIRE) — PS International Group Ltd.(NASDAQ: PSIG) (“PSIG” or the “Company”), a long-established global logistics service provider headquartered in Hong Kong specializes in cross-border air freight services, today announced its unaudited financial results for the six months ended June 30, 2024.
Is It Worth Investing in PS International Group Ltd (NASDAQ: PSIG) Right Now?
The 36-month beta value for PSIG is also noteworthy at -0.25.
The public float for PSIG is 3.79M, and at present, short sellers hold a 2.61% of that float. The average trading volume of PSIG on January 22, 2025 was 150.54K shares.
PSIG’s Market Performance
PSIG’s stock has seen a 4.09% increase for the week, with a 9.05% rise in the past month and a -44.01% fall in the past quarter. The volatility ratio for the week is 11.62%, and the volatility levels for the past 30 days are at 21.36% for PS International Group Ltd The simple moving average for the past 20 days is -10.25% for PSIG’s stock, with a -90.31% simple moving average for the past 200 days.
PSIG Trading at -16.16% 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 -96.20% of loss for the given period.
Volatility was left at 21.36%, however, over the last 30 days, the volatility rate increased by 11.62%, as shares surge +6.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.79% lower at present.
During the last 5 trading sessions, PSIG rose by +4.09%, in comparison to the 20-day moving average, which settled at $0.5103. In addition, PS International Group Ltd saw -18.70% 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 -0.14. 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 -0.41.
Currently, EBITDA for the company is 6.26 million with net debt to EBITDA at -1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.
Conclusion
In summary, PS International Group Ltd (PSIG) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
