JX Luxventure Limited (NASDAQ:LLL) shares, rose in value on Wednesday, 06/22/22, with the stock price up by 16.78% to the previous day’s close as strong demand from buyers drove the stock to $1.74.
Actively observing the price movement in the last trading, the stock closed the session at $1.49, falling within a range of $1.41 and $2.44. The value of beta (5-year monthly) was 1.31. Referring to stock’s 52-week performance, its high was $7.16, and the low was $1.28. On the whole, LLL has fluctuated by -2.25% over the past month.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that LLL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of LLL currently trading nearly 15.50% and -13.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.38, while the 7-day volatility ratio is showing 20.85% which for the 30-day chart, stands at 14.29%. Furthermore, JX Luxventure Limited (LLL)’s beta value is 1.49, and its average true range (ATR) is 0.24.
A comparison of JX Luxventure Limited (LLL) with its peers suggests the former has fared considerably weaker in the market. LLL showed an intraday change of 16.78% in last session, and over the past year, it shrunk by -56.39%%. In comparison, Rocky Brands Inc. (RCKY) has moved lower at -1.14% on the day and was down -41.41% over the past 12 months. Additionally, there is a gain of 16.78% for JX Luxventure Limited (LLL) in last trading while the stock has seen an overall depriciation of -56.39%% over the past year. Other than that, the overall performance of the S&P 500 during the last trading session shows that it lost -0.13%. Meanwhile, the Dow Jones Industrial Slipped by -0.15%.
Data on historical trading for JX Luxventure Limited (NASDAQ:LLL) indicates that the trading volumes over the past 3 months, they’ve averaged 3.38 million. According to company’s latest data on outstanding shares, there are 4.52 million shares outstanding.
Nearly 43.62% of JX Luxventure Limited’s shares belong to company insiders and institutional investors own 2.90% of the company’s shares. The stock has fallen by -23.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LLL stock heading into the next quarter.