The trading price of Junee Ltd (NASDAQ:JUNE) floating higher at last check on current market day and closing at $4.76, 2.15% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $4.6 and $4.98. In examining the 52-week price action we see that the stock hit a 52-week high of $5.81 and a 52-week low of $3.60. Over the past month, the stock has gained 10.19% in value.
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Junee Ltd, whose market valuation is $60.50 million at the time of this writing, is expected to release its quarterly earnings report in September. Investors’ optimism about the company’s current quarter earnings report is understandable.
A quick review shows that JUNE’s price is currently 5.45% off the SMA20 and 3.40% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.20, and weekly volatility stands at 4.83%. When measured over the past 30 days, the indicator reaches 8.14%. Junee Ltd (NASDAQ:JUNE)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.34.
To see how Junee Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: JUNE stock’s performance was 2.15% in the latest trading.
An evaluation of the daily trading volume of Junee Ltd (NASDAQ:JUNE) indicates that the 3-month average is 82.49K. However, this figure has increased over the past 10 days to an average of 0.13.
Currently, records show that 12.71 million of the company’s shares remain outstanding. The institutions hold 0.13%. The stats also highlight that short interest as of 2024-08-15, stood at 17717.0 shares, resulting in a short ratio of 0.26 at that time. From this, we can conclude that short interest is 43.00 of the company’s total outstanding shares. It is noteworthy that short shares in August were up slightly from the previous month’s figure, which was 6197.0. However, since the stock’s price has seen 17.24% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
