Linkage Global Inc (NASDAQ:LGCB) shares, rose in value on Friday, February 14, with price down by -3.18% to the previous day’s close as strong demand from buyers drove the stock to $0.26.
Actively observing the price movement in the last trading, the stock closed the session at $0.27, falling within a range of $0.2421 and $0.2828. Referring to stock’s 52-week performance, its high was $5.70, and the low was $0.17. On the whole, LGCB has fluctuated by -36.67% over the past month.
With the market capitalization of Linkage Global Inc currently standing at about $5.57 million, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LGCB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LGCB currently trading nearly -3.69% and -15.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.97, while the 7-day volatility ratio is showing 12.19% which for the 30-day chart, stands at 12.09%. Furthermore, Linkage Global Inc (LGCB)’s beta value is -4.81, and its average true range (ATR) is 0.04.
A comparison of Linkage Global Inc (LGCB) with its peers suggests the former has fared considerably weaker in the market. LGCB showed an intraday change of -3.18% in last session, and over the past year, it shrunk by -86.00%%.
Data on historical trading for Linkage Global Inc (NASDAQ:LGCB) indicates that the trading volumes over the past 10 days have averaged 0.21 and over the past 3 months, they’ve averaged 520.09K. According to company’s latest data on outstanding shares, there are 21.50 million shares outstanding.
Nearly 46.43% of Linkage Global Inc’s shares belong to company insiders and institutional investors own 0.66% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 50949.0 shares as on 2025-01-31, resulting in a short ratio of 0.16. According to the data, the short interest in Linkage Global Inc (LGCB) stood at 25.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 0.52 million. The stock has fallen by -41.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LGCB stock heading into the next quarter.
