PS International Group Ltd (NASDAQ:PSIG) shares, rose in value on Friday, March 07, with the stock price down by -4.73% to the previous day’s close as strong demand from buyers drove the stock to $0.49.
Actively observing the price movement in the last trading, the stock closed the session at $0.51. Referring to stock’s 52-week performance, its high was $12.05, and the low was $0.38. On the whole, PSIG has fluctuated by -10.05% over the past month.
With the market capitalization of PS International Group Ltd currently standing at about $11.79 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
The stock’s technical analysis shows that the price of PSIG currently trading nearly -0.24% and -2.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.29, while the 7-day volatility ratio is showing 14.53% which for the 30-day chart, stands at 13.91%. Furthermore, PS International Group Ltd (PSIG)’s beta value is -0.32, and its average true range (ATR) is 0.07.
A comparison of PS International Group Ltd (PSIG) with its peers suggests the former has fared considerably weaker in the market. PSIG showed an intraday change of -4.73% in last session, and over the past year, it shrunk by -95.58%%.
Data on historical trading for PS International Group Ltd (NASDAQ:PSIG) indicates that the trading volumes over the past 3 months, they’ve averaged 265.32K. According to company’s latest data on outstanding shares, there are 24.28 million shares outstanding.
Nearly 84.39% of PS International Group Ltd’s shares belong to company insiders and institutional investors own 0.84% of the company’s shares. The stock has fallen by -13.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PSIG stock heading into the next quarter.
