Springview Holdings Ltd (NASDAQ: SPHL) Stock: Bulls Must See This

The trading price of Springview Holdings Ltd (NASDAQ:SPHL) closed higher on Tuesday, March 04, and closing at $3.91, 5.39% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 47.86. In examining the 52-week price action we see that the stock hit a 52-week high of $7.16 and a 52-week low of $1.42. Over the past month, the stock has gained 90.73% in value.

Springview Holdings Ltd, whose market valuation is $84.07 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable.

A quick review shows that SPHL’s price is currently 50.88% off the SMA20 and 6.87% off the SMA50. The RSI metric on the 14-day chart is currently showing 66.99, and weekly volatility stands at 15.63%. When measured over the past 30 days, the indicator reaches 21.23%. Springview Holdings Ltd (NASDAQ:SPHL)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.49.

To see how Springview Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: SPHL stock’s performance was 5.39% in the latest trading. Springview Holdings Ltd has a P/E ratio of 47.86.

An evaluation of the daily trading volume of Springview Holdings Ltd (NASDAQ:SPHL) indicates that the 3-month average is 407.66K.

Currently, records show that 11.50 million of the company’s shares remain outstanding. The institutions hold 0.16%. However, since the stock’s price has seen -39.94% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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