Garden Stage Ltd (NASDAQ:GSIW) shares, rose in value, with the stock price up by 85.90% to the previous day’s close as strong demand from buyers drove the stock to $4.22.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.27, falling within a range of $2.25 and $5.6. Referring to stock’s 52-week performance, its high was $15.99, and the low was $2.14. On the whole, GSIW has fluctuated by -41.06% over the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
With the market capitalization of Garden Stage Ltd currently standing at about $65.92 million, investors are eagerly awaiting this quarter’s results, scheduled for in October.
The stock’s technical analysis shows that the price of GSIW currently trading nearly -40.52% and -40.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.23, while the 7-day volatility ratio is showing 87.33% which for the 30-day chart, stands at 26.52%. Furthermore, Garden Stage Ltd (GSIW)’s average true range (ATR) is 1.41.
Data on historical trading for Garden Stage Ltd (NASDAQ:GSIW) indicates that the trading volumes over the past 10 days have averaged 0.69 and over the past 3 months, they’ve averaged 142.09K. According to company’s latest data on outstanding shares, there are 15.62 million shares outstanding.
Garden Stage Ltd’s shares belong to company insiders and institutional investors own 0.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 47278.0 shares as on 2024-08-30, resulting in a short ratio of 1.72. According to the data, the short interest in Garden Stage Ltd (GSIW) stood at 114.00 of shares outstanding as of 2024-08-30; the number of short shares registered in 2024-07-31 reached 41953.0. The stock has fallen by -45.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GSIW stock heading into the next quarter.
