The trading price of Snail Inc (NASDAQ:SNAL) closed higher on Friday, January 17, and closing at $2.27, 10.73% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $2.06 and $2.43. The company’s P/E ratio in the trailing 12-month period was 26.90, while its 5Y monthly beta was 0.833. In examining the 52-week price action we see that the stock hit a 52-week high of $2.29 and a 52-week low of $0.52. Over the past month, the stock has gained 22.04% in value.
Snail Inc, whose market valuation is $83.88 million at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest SNAL has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned SNAL a recommendation rating is 10. Out of them, 2 rate it a Hold, while 7 recommend Buy, whereas 1 assign an Overweight rating. 0 analyst(s) have tagged Snail Inc (SNAL) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that SNAL’s price is currently 21.45% off the SMA20 and 49.42% off the SMA50. The RSI metric on the 14-day chart is currently showing 65.05, and weekly volatility stands at 12.20%. When measured over the past 30 days, the indicator reaches 14.19%. Snail Inc (NASDAQ:SNAL)’s beta value is currently sitting at -0.84, while the Average True Range indicator is currently displaying 0.24.
To see how Snail Inc stock has been performing in comparison to its peers in the industry, here are the numbers: SNAL stock’s performance was 10.73% in the latest trading, and 112.15% in the past year. Snail Inc has a P/E ratio of 26.90.
An evaluation of the daily trading volume of Snail Inc (NASDAQ:SNAL) indicates that the 3-month average is 156.25K. However, this figure has increased over the past 10 days to an average of 0.11.
Currently, records show that 8.03 million of the company’s shares remain outstanding. The insiders hold 78.82% of outstanding shares, whereas institutions hold 0.32%. The stats also highlight that short interest as of 2024-10-31, stood at 0.11 million shares, resulting in a short ratio of 0.2 at that time. From this, we can conclude that short interest is 143.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 26297.0. However, since the stock’s price has seen 22.04% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
