SGOCO Group Ltd. (NASDAQ:SGOC) price is hovering higher on Wednesday, September 15, jumping 9.32% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $5.58, with intraday deals fluctuating between $5.46 and $6.37. The company’s 5Y monthly beta was ticking 0.46. Taking into account the 52-week price action we note that the stock hit a 52-week high of $29.00 and 52-week low of $0.77. The stock added 2.95% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SGOC a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that SGOC’s price is at present -13.24% off the SMA20 and -24.57% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.54, with weekly volatility standing at 12.66%. The indicator jumps to 22.04% when calculated based on the past 30 days. SGOCO Group Ltd. (NASDAQ:SGOC)’s beta value is holding at 0.49, while the average true range (ATR) indicator is currently reading 1.11.
Turning out attention to how the SGOCO Group Ltd. stock has performed in comparison to its peers in the industry, here’s what we find: SGOC’s stock is 9.32% on the day and 494.00% in the past 12 months, while Koninklijke Philips N.V. (PHG) traded -0.55% in the latest session and is positioned 0.43% up on its price 12 months ago. Another comparison is with Apple Inc. (AAPL) whose stock price is down -0.76% in the current trading session, and has flourished 28.40% over the past year. Elsewhere in the market, the S&P 500 Index has rallied 0.21% in today’s early trading, with the Dow Jones Industrial also seeing a positive session on the day with 0.19%.
An analysis of the SGOCO Group Ltd. (NASDAQ:SGOC) stock in terms of its daily trading volume indicates that the 3-month average is 10.93 million.
Current records show that the company has 100.89M in outstanding shares. The insiders’ percentage holdings are 56.30% of outstanding shares while the percentage share held by institutions stands at 0.30%. But the 284.83% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.