Springview Holdings Ltd (NASDAQ:SPHL) shares, rose in value on Friday, May 09, with the stock price up by 7.78% to the previous day’s close as strong demand from buyers drove the stock to $0.55.
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 $7.80, and the low was $0.35. On the whole, SPHL has fluctuated by -5.38% over the past month.
With the market capitalization of Springview Holdings Ltd currently standing at about $11.80 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of SPHL currently trading nearly 12.67% and -50.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.40, while the 7-day volatility ratio is showing 14.63% which for the 30-day chart, stands at 17.78%. Furthermore, Springview Holdings Ltd (SPHL)’s average true range (ATR) is 0.13.
Data on historical trading for Springview Holdings Ltd (NASDAQ:SPHL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.34 million. According to company’s latest data on outstanding shares, there are 11.50 million shares outstanding.
Nearly 79.07% of Springview Holdings Ltd’s shares belong to company insiders and institutional investors own 0.24% of the company’s shares. The stock has fallen by -91.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SPHL stock heading into the next quarter.
