The 36-month beta value for VCIG is also noteworthy at 1.78. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VCIG is 12.09M, and at present, short sellers hold a 3.77% of that float. The average trading volume of VCIG on February 18, 2025 was 8.15M shares.
VCIG) stock’s latest price update
The stock of VCI Global Ltd (NASDAQ: VCIG) has increased by 0.13 when compared to last closing price of 0.93.Despite this, the company has seen a loss of -1.99% in its stock price over the last five trading days. globenewswire.com reported 2025-02-18 that Shares Subscription Program Demonstrates CEO’s Confidence in Company’s Expansion into AI Infrastructure, Cybersecurity, and Renewable Energy Shares Subscription Program Demonstrates CEO’s Confidence in Company’s Expansion into AI Infrastructure, Cybersecurity, and Renewable Energy
VCIG’s Market Performance
VCI Global Ltd (VCIG) has experienced a -1.99% fall in stock performance for the past week, with a -28.01% drop in the past month, and a -38.83% drop in the past quarter. The volatility ratio for the week is 7.57%, and the volatility levels for the past 30 days are at 13.00% for VCIG. The simple moving average for the past 20 days is -10.22% for VCIG’s stock, with a -93.25% simple moving average for the past 200 days.
VCIG Trading at -36.93% from the 50-Day Moving Average
After a stumble in the market that brought VCIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.64% of loss for the given period.
Volatility was left at 13.00%, however, over the last 30 days, the volatility rate increased by 7.57%, as shares sank -26.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -61.59% lower at present.
During the last 5 trading sessions, VCIG rose by +0.56%, which changed the moving average for the period of 200-days by -98.37% in comparison to the 20-day moving average, which settled at $1.0436. In addition, VCI Global Ltd saw -46.82% 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 VCIG starting from HONG KHAY KUAN, who proposed sale 30,065 shares at the price of $1.00 back on Feb 13 ’25. After this action, HONG KHAY KUAN now owns shares of VCI Global Ltd, valued at $30,065 using the latest closing price.
Hong Khay Kuan, the Director of VCI Global Ltd, proposed sale 630,362 shares at $0.12 during a trade that took place back on Sep 27 ’24, which means that Hong Khay Kuan is holding shares at $78,165 based on the most recent closing price.
Stock Fundamentals for VCIG
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 0.71 for the gross margin
The net margin for VCI Global Ltd stands at 0.38. The total capital return value is set at 0.21.
Based on VCI Global Ltd (VCIG), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 1.66.
Currently, EBITDA for the company is 33.43 million with net debt to EBITDA at -0.1. When we switch over and look at the enterprise to sales, we see a ratio of 0.83. The receivables turnover for the company is 3.31for trailing twelve months and the total asset turnover is 0.41.
Conclusion
In summary, VCI Global Ltd (VCIG) has had a bad 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.