The trading price of ATIF Holdings Limited (NASDAQ:ATIF) closed higher on Tuesday, Jan 12, closing at $0.92, 15.49% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.9100 and $1.4700. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 0. In examining the 52-week price action we see that the stock hit a 52-week high of $3.75 and a 52-week low of $0.65. Over the past month, the stock has gained 48.37% in value.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of ATIF Holdings Limited no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest ATIF has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
To see how ATIF Holdings Limited stock has been performing in comparison to its peers in the industry, here are the numbers: ATIF stock’s performance was +15.49% in the latest trading, and -47.51% in the past year, while Accenture Plc (ACN) has traded -0.75% on the day and positioned +23.29% higher than it was a year ago. Another comparable company Gartner Inc (IT) saw its stock close 0.84% higher in the most recent trading session but was up +4.75% in a year. Furthermore, Corelogic (CLGX) showed an increase of 15.49% on the day while its price kept declining at -47.51% over the past year. ATIF Holdings Limited has a P/E ratio of 0, compared to Accenture Plc’s 31.67 and Gartner Inc’s 70.74. Also in last trading session, the S&P 500 Index has surged 0.04%, while the Dow Jones Industrial also saw a positive session, up +0.19% on the day.
An evaluation of the daily trading volume of ATIF Holdings Limited (NASDAQ:ATIF) indicates that the 3-month average is 5.24 Million. However, this figure has declined over the past 10 days to an average of 2.87 Million.
Currently, records show that 51.36 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 75.87% of outstanding shares, whereas institutions hold 0.39%. The stats also highlight that short interest as of December 14, 2020, stood at 38.2 Million shares, resulting in a short ratio of 0.03 at that time. From this, we can conclude that short interest is 0.07% of the company’s total outstanding shares. It is noteworthy that short shares in December were down slightly from the previous month’s figure, which was 70.09 Million. However, since the stock’s price has seen +13.98% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
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