Allied Gaming & Entertainment Inc (NASDAQ:AGAE) concluded the trading at $0.90 on Wednesday, January 08 with a fall of -2.17% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.92 and 5Y monthly beta was reading 1.382 with its price kept floating in the range of $0.89 and $0.9477 on the day. Considering stock’s 52-week price range provides that AGAE hit a high price of $1.57 and saw its price falling to a low level of $0.61 during that period. Over a period of past 1-month, stock came adding 2.69% in its value.
With its current market valuation of $39.70 million, Allied Gaming & Entertainment Inc is set to declare its quarterly results in February. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
In contrast, when we review AGAE stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the AGAE stock which is currently positioned at 0. It further provides that stock’s current price level is 12.38% away from its 20-day simple moving average and is -7.48% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 54.51 while volatility remained at 10.81% over the past week which changes to 7.82% when measuring it over the past month. Beta is valued at 1.40, while measure of average true range or ATR is currently at 0.07.
Having a second look at Allied Gaming & Entertainment Inc (NASDAQ:AGAE) provides that stock’s average daily trading volume for 3 months was 28.88K, while it jumped to 34310 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 38.11 million.
The percentage of outstanding shares held by the insiders is 78.25% while it is 2.81% for the institutional holders. The figures also indicate that as of 2024-10-31, number of stock’s short shares was 98702.0 which implies a short ratio of 4.6. This shows down a 81.00 of Short Interest in company’s outstanding shares on the day. In October the standing of shares short improved as it was 0.15 million in the previous month. Addition of 13.56% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
