Sagtec Global Ltd (NASDAQ:SAGT) shares, rose in value, with the stock price down by -3.24% to the previous day’s close as strong demand from buyers drove the stock to $2.99.
Actively observing the price movement in the last trading, the stock closed the session at $3.09. The PE ratio was 3.40 over 12-month period. Referring to stock’s 52-week performance, its high was $6.24, and the low was $2.10. On the whole, SAGT has fluctuated by -26.54% over the past month.
With the market capitalization of Sagtec Global Ltd currently standing at about $37.52 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of SAGT currently trading nearly -27.10% and -10.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.37, while the 7-day volatility ratio is showing 6.02% which for the 30-day chart, stands at 10.82%. Furthermore, Sagtec Global Ltd (SAGT)’s average true range (ATR) is 0.62.
Data on historical trading for Sagtec Global Ltd (NASDAQ:SAGT) indicates that the trading volumes over the past 3 months, they’ve averaged 113.17K. According to company’s latest data on outstanding shares, there are 12.55 million shares outstanding.
Nearly 69.38% of Sagtec Global Ltd’s shares belong to company insiders and institutional investors own 1.11% of the company’s shares. The stock has fallen by -16.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SAGT stock heading into the next quarter.
