Eshallgo Inc (NASDAQ:EHGO) price is hovering higher on current market day and jumping 15.34% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $3.65, with intraday deals fluctuating between $3.7 and $4.93. The company’s P/E ratio in the trailing 12-month period read 10525.00. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.40 and 52-week low of $1.45. The stock added 27.19% on its value in the past month.
Eshallgo Inc, which has a market valuation of $91.48 million, is expected to release its quarterly earnings report in January.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that EHGO’s price is at present 11.59% off the SMA20 and 46.92% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 64.04, with weekly volatility standing at 9.06%. The indicator jumps to 13.07% when calculated based on the past 30 days. Eshallgo Inc (NASDAQ:EHGO)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.45.
An analysis of the Eshallgo Inc (NASDAQ:EHGO) stock in terms of its daily trading volume indicates that the 3-month average is 23.23K. However, this figure increases on the past 10-day timeline to an average of 48820.0.
Current records show that the company has 15.88M in outstanding shares. The insiders’ percentage holdings are 56.52% of outstanding shares. The stats also highlight that short interest as of 2024-11-15, stood at 3648.0 shares, which puts the short ratio at the time at 0.14. From this we can glean that short interest is 3.00 of company’s current outstanding shares. Notably, we see that shares short in November fall slightly given the previous month’s figure stood at 19444.0. But the 29.14% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
