Galaxy Payroll Group Ltd (NASDAQ:GLXG) price closed higher on Tuesday, January 14, and jumping 14.41% above its previous close.
A look at the daily price movement shows that the last close reads $1.11, with intraday deals fluctuated between $1.06 and $1.6. The company’s P/E ratio in the trailing 12-month period read 235.19. Taking into account the 52-week price action we note that the stock hit a 52-week high of $16.93 and 52-week low of $0.70. The stock added 16.51% on its value in the past month.
Galaxy Payroll Group Ltd, which has a market valuation of $22.87 million, is expected to release its quarterly earnings report in February.
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 GLXG’s price is at present 37.98% off the SMA20 and -66.64% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.48, with weekly volatility standing at 44.11%. The indicator jumps to 19.88% when calculated based on the past 30 days. Galaxy Payroll Group Ltd (NASDAQ:GLXG)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.39.
An analysis of the Galaxy Payroll Group Ltd (NASDAQ:GLXG) stock in terms of its daily trading volume indicates that the 3-month average is 1.29 million. However, this figure increases on the past 10-day timeline to an average of 4.96 million.
Current records show that the company has 16.00M in outstanding shares. The percentage share held by institutions stands at 0.07%. The stats also highlight that short interest as of 2024-12-31, stood at 0.16 million shares, which puts the short ratio at the time at 0.42. From this we can glean that short interest is 150.00 of company’s current outstanding shares. Notably, we see that shares short in December rose slightly given the previous month’s figure stood at 43528.0. But the 28.28% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
