The trading price of Springview Holdings Ltd (NASDAQ:SPHL) closed lower on Friday, January 17, and closing at $3.12, -11.11% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $3.06 and $3.79. The company’s P/E ratio in the trailing 12-month period was 35.86. In examining the 52-week price action we see that the stock hit a 52-week high of $7.16 and a 52-week low of $2.71. Over the past month, the stock has lost -45.83% in value.
Springview Holdings Ltd, whose market valuation is $35.88 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.
A quick review shows that SPHL’s price is currently -42.23% off the SMA20 and -36.75% off the SMA50. The RSI metric on the 14-day chart is currently showing 28.61, and weekly volatility stands at 39.55%. When measured over the past 30 days, the indicator reaches 18.56%. Springview Holdings Ltd (NASDAQ:SPHL)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.83.
To see how Springview Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: SPHL stock’s performance was -11.11% in the latest trading. Springview Holdings Ltd has a P/E ratio of 35.86.
An evaluation of the daily trading volume of Springview Holdings Ltd (NASDAQ:SPHL) indicates that the 3-month average is 198.25K. However, this figure has increased over the past 10 days to an average of 0.46.
Currently, records show that 11.50 million of the company’s shares remain outstanding. The stats also highlight that short interest as of 2024-12-31, stood at 19229.0 shares, resulting in a short ratio of 0.14 at that time. From this, we can conclude that short interest is 58.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 12084.0. However, since the stock’s price has seen -52.07% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
