The trading price of Roma Green Finance Ltd (NASDAQ:ROMA) closed higher on Friday, May 23, and closing at $2.30, 15.61% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $2.58 and a 52-week low of $0.40. Over the past month, the stock has gained 102.95% in value.
Roma Green Finance Ltd, whose market valuation is $27.53 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest ROMA 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.
A quick review shows that ROMA’s price is currently 25.90% off the SMA20 and 81.22% off the SMA50. The RSI metric on the 14-day chart is currently showing 81.14, and weekly volatility stands at 7.84%. When measured over the past 30 days, the indicator reaches 5.86%. Roma Green Finance Ltd (NASDAQ:ROMA)’s beta value is currently sitting at -0.02, while the Average True Range indicator is currently displaying 0.19.
To see how Roma Green Finance Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: ROMA stock’s performance was 15.61% in the latest trading, and 206.87% in the past year.
An evaluation of the daily trading volume of Roma Green Finance Ltd (NASDAQ:ROMA) indicates that the 3-month average is 70.24K.
Currently, records show that 11.96 million of the company’s shares remain outstanding. The institutions hold 1.97%. However, since the stock’s price has seen 194.95% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
