Color Star Technology Co Ltd (NASDAQ:ADD) at last check was buoying at $1.10 on current market day with a fall of -13.28% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1.27 and 5Y monthly beta was reading 2.101 with its price kept floating in the range of $1.0486 and $1.22 on the day. Considering stock’s 52-week price range provides that ADD hit a high price of $1.85 and saw its price falling to a low level of $0.17 during that period. Over a period of past 1-month, stock came adding 74.78% in its value.
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In contrast, when we review ADD stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the ADD stock which is currently positioned at 0. It further provides that stock’s current price level is 1.19% away from its 20-day simple moving average and is 48.87% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 50.38 while volatility remained at 16.10% over the past week which changes to 29.85% when measuring it over the past month. Beta is valued at 2.13, while measure of average true range or ATR is currently at 0.24.
Having a second look at Color Star Technology Co Ltd (NASDAQ:ADD) provides that stock’s average daily trading volume for 3 months was 2.31 million, while it jumped to 1611810 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 57.03 million.
The percentage of outstanding shares held by the insiders is 7.04% while it is 1.08% for the institutional holders. The figures also indicate that as of 2024-09-13, number of stock’s short shares was 1.38 million which implies a short ratio of 0.46. This shows down a 251.00 of Short Interest in company’s outstanding shares on the day. In September the standing of shares short improved as it was 2.2 million in the previous month. Addition of 197.65% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
