BGM Group Ltd (NASDAQ:BGM) concluded the trading at $11.95 on Wednesday, January 08 with a fall of -8.08% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $13.00 and 5Y monthly beta was reading 1.457 with its price kept floating in the range of $11.67 and $14.78 on the day. Considering stock’s 52-week price range provides that BGM hit a high price of $13.98 and saw its price falling to a low level of $1.78 during that period. Over a period of past 1-month, stock came adding 39.44% in its value.
With its current market valuation of $86.36 million, BGM Group Ltd 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 BGM 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 BGM stock which is currently positioned at 0. It further provides that stock’s current price level is 30.05% away from its 20-day simple moving average and is 45.99% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 70.34 while volatility remained at 14.83% over the past week which changes to 7.64% when measuring it over the past month. Beta is valued at 1.50, while measure of average true range or ATR is currently at 0.99.
Having a second look at BGM Group Ltd (NASDAQ:BGM) provides that stock’s average daily trading volume for 3 months was 29.52K, while it jumped to 42540 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 35.75 million.
The percentage of outstanding shares held by the insiders is 0.00% while it is 0.01% for the institutional holders. The figures also indicate that as of 2024-12-13, number of stock’s short shares was 7202.0 which implies a short ratio of 0.17. This shows up a 43.00 of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 4071.0 in the previous month. Addition of 41.42% 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.
