U-BX Technology Ltd (NASDAQ:UBXG) shares, rose in value on Friday, November 01, with the stock price down by -7.21% to the previous day’s close as strong demand from buyers drove the stock to $0.32.
Actively observing the price movement in the last trading, the stock closed the session at $0.34, falling within a range of $0.311 and $0.34. Referring to stock’s 52-week performance, its high was $35.44, and the low was $0.32. On the whole, UBXG has fluctuated by -49.94% over the past month.
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With the market capitalization of U-BX Technology Ltd currently standing at about $8.52 million, investors are eagerly awaiting this quarter’s results, scheduled for in December.
The stock’s technical analysis shows that the price of UBXG currently trading nearly -24.40% and -59.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.26, while the 7-day volatility ratio is showing 10.12% which for the 30-day chart, stands at 12.83%. Furthermore, U-BX Technology Ltd (UBXG)’s average true range (ATR) is 0.20.
Data on historical trading for U-BX Technology Ltd (NASDAQ:UBXG) indicates that the trading volumes over the past 10 days have averaged 1.29 and over the past 3 months, they’ve averaged 2.46 million. According to company’s latest data on outstanding shares, there are 27.00 million shares outstanding.
Nearly 42.94% of U-BX Technology Ltd’s shares belong to company insiders and institutional investors own 0.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.49 million shares as on 2024-10-15, resulting in a short ratio of 0.7. According to the data, the short interest in U-BX Technology Ltd (UBXG) stood at 271.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 0.29 million. The stock has fallen by -92.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UBXG stock heading into the next quarter.
