Premium Catering (Holdings) Ltd (NASDAQ:PC) shares, rose in value, with the stock price down by -5.24% to the previous day’s close as strong demand from buyers drove the stock to $0.90.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.95. Referring to stock’s 52-week performance, its high was $5.73, and the low was $0.60. On the whole, PC has fluctuated by -7.75% over the past month.
With the market capitalization of Premium Catering (Holdings) Ltd currently standing at about $14.48 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of PC currently trading nearly -4.37% and -2.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.54, while the 7-day volatility ratio is showing 2.36% which for the 30-day chart, stands at 4.91%. Furthermore, Premium Catering (Holdings) Ltd (PC)’s average true range (ATR) is 0.10.
Data on historical trading for Premium Catering (Holdings) Ltd (NASDAQ:PC) indicates that the trading volumes over the past 3 months, they’ve averaged 92.54K. According to company’s latest data on outstanding shares, there are 29.20 million shares outstanding.
Nearly 66.58% of Premium Catering (Holdings) Ltd’s shares belong to company insiders and institutional investors own 0.50% of the company’s shares. The stock has risen by 27.46% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PC stock heading into the next quarter.
