Focus Universal Inc (NASDAQ:FCUV) shares, rose in value on Thursday, January 02, with the stock price down by -1.29% to the previous day’s close as strong demand from buyers drove the stock to $0.35.
Actively observing the price movement in the last trading, the stock closed the session at $0.35, falling within a range of $0.3211 and $0.3617. The value of beta (5-year monthly) was -0.241. Referring to stock’s 52-week performance, its high was $1.80, and the low was $0.15. On the whole, FCUV has fluctuated by 27.96% over the past month.
With the market capitalization of Focus Universal Inc currently standing at about $25.56 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FCUV’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of FCUV currently trading nearly 24.38% and 32.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.00, while the 7-day volatility ratio is showing 39.65% which for the 30-day chart, stands at 18.28%. Furthermore, Focus Universal Inc (FCUV)’s average true range (ATR) is 0.06.
A comparison of Focus Universal Inc (FCUV) with its peers suggests the former has fared considerably weaker in the market. FCUV showed an intraday change of -1.29% in last session, and over the past year, it shrunk by -76.97%%.
Data on historical trading for Focus Universal Inc (NASDAQ:FCUV) indicates that the trading volumes over the past 10 days have averaged 3.3 and over the past 3 months, they’ve averaged 664.91K. According to company’s latest data on outstanding shares, there are 72.92 million shares outstanding.
Nearly 53.77% of Focus Universal Inc’s shares belong to company insiders and institutional investors own 4.31% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10636.0 shares as on 2024-12-13, resulting in a short ratio of 0.06. According to the data, the short interest in Focus Universal Inc (FCUV) stood at 3.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 0.11 million. The stock has fallen by -1.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FCUV stock heading into the next quarter.
