Singularity Future Technology Ltd (NASDAQ:SGLY) price on Thursday, July 03, rose 15.38% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.11.
A look at the stock’s price movement, the close in the last trading session was $0.96, moving within a range at $0.9568 and $1.13. The beta value (5-Year monthly) was 0.93. Turning to its 52-week performance, $7.65 and $0.54 were the 52-week high and 52-week low respectively. Overall, SGLY moved 21.25% over the past month.
Singularity Future Technology Ltd’s market cap currently stands at around $4.66 million, with investors looking forward to this quarter’s earnings report slated for on 2019-May-15.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SGLY is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
SGLY’s current price about 7.29% and 15.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.43, while 7-day volatility ratio is 8.97% and 7.73% in the 30-day chart. Further, Singularity Future Technology Ltd (SGLY) has a beta value of 1.06.
If we refocus on Singularity Future Technology Ltd (NASDAQ:SGLY), historical trading data shows that trading volumes averaged 57230.0 over the past 10 days and 200.03K over the past 3 months. The company’s latest data on shares outstanding shows there are 4.20 million shares.
The 0.11% of Singularity Future Technology Ltd’s shares are in the hands of company insiders while institutional holders own 0.96% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 92350.0 on 2025-06-13, giving us a short ratio of 0.24. The data shows that as of 2025-06-13 short interest in Singularity Future Technology Ltd (SGLY) stood at 219.99999999999997 of shares outstanding, with shares short rising to 45972.0 registered in 2025-05-15. Current price change has pushed the stock -77.71% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SGLY stock continues to rise going into the next quarter.
