Strong Global Entertainment Inc (AMEX:SGE) price is hovering higher on Monday, May 06, jumping 139.39% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $1.14. The company’s P/E ratio in the trailing 12-month period read 54.81. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.35 and 52-week low of $1.02. The stock added 89.53% on its value in the past month.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give SGE a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that SGE’s price is at present 120.82% off the SMA20 and 118.56% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 80.75, with weekly volatility standing at 8.64%. The indicator jumps to 12.33% when calculated based on the past 30 days. Strong Global Entertainment Inc (AMEX:SGE)’s beta value is holding at 0.44, while the average true range (ATR) indicator is currently reading 0.29.
An analysis of the Strong Global Entertainment Inc (AMEX:SGE) stock in terms of its daily trading volume indicates that the 3-month average is 18.14K.
Current records show that the company has 7.88M in outstanding shares. The insiders’ percentage holdings are 78.01% of outstanding shares while the percentage share held by institutions stands at 0.17%. But the 70.73% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
