GIBO Holdings Ltd (NASDAQ:GIBO) shares, rose in value on Friday, May 30, with the stock price down by -11.50% to the previous day’s close as strong demand from buyers drove the stock to $2.54.
Actively observing the price movement in the last trading, the stock closed the session at $2.87. The PE ratio was 73.41 over 12-month period. Referring to stock’s 52-week performance, its high was $24.18, and the low was $2.80. On the whole, GIBO has fluctuated by -82.39% over the past month.
With the market capitalization of GIBO Holdings Ltd currently standing at about $12.55 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of GIBO currently trading nearly -56.63% and -72.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.89, while the 7-day volatility ratio is showing 3.47% which for the 30-day chart, stands at 30.65%. Furthermore, GIBO Holdings Ltd (GIBO)’s beta value is -1.47, and its average true range (ATR) is 1.48.
A comparison of GIBO Holdings Ltd (GIBO) with its peers suggests the former has fared considerably weaker in the market. GIBO showed an intraday change of -11.50% in last session, and over the past year, it shrunk by -75.20%%.
Data on historical trading for GIBO Holdings Ltd (NASDAQ:GIBO) indicates that the trading volumes over the past 3 months, they’ve averaged 110.34K. According to company’s latest data on outstanding shares, there are 4.94 million shares outstanding.
Nearly 0.47% of GIBO Holdings Ltd’s shares belong to company insiders and institutional investors own 36.66% of the company’s shares. The stock has fallen by -77.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GIBO stock heading into the next quarter.
