Solowin Holdings (NASDAQ:SWIN) shares, rose in value on Thursday, April 16, with the stock price up by 13.25% to the previous day’s close as strong demand from buyers drove the stock to $1.71.
Actively observing the price movement in the last trading, the stock closed the session at $1.51, falling within a range of $1.5 and $1.86. Referring to stock’s 52-week performance, its high was $43.60, and the low was $1.16. On the whole, SWIN has fluctuated by -15.76% over the past month.
With the market capitalization of Solowin Holdings currently standing at about $27.33 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SWIN’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SWIN currently trading nearly 7.03% and 13.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.65, while the 7-day volatility ratio is showing 11.63% which for the 30-day chart, stands at 11.36%. Furthermore, Solowin Holdings (SWIN)’s beta value is -0.35, and its average true range (ATR) is 0.18.
A comparison of Solowin Holdings (SWIN) with its peers suggests the former has fared considerably weaker in the market. SWIN showed an intraday change of 13.25% in last session, and over the past year, it shrunk by -83.17%%.
Data on historical trading for Solowin Holdings (NASDAQ:SWIN) indicates that the trading volumes over the past 10 days have averaged 96680.0 and over the past 3 months, they’ve averaged 133.40K. According to company’s latest data on outstanding shares, there are 15.98 million shares outstanding.
Nearly 68.84% of Solowin Holdings’s shares belong to company insiders and institutional investors own 0.57% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.35 million shares as on 2025-03-31, resulting in a short ratio of 1.67. According to the data, the short interest in Solowin Holdings (SWIN) stood at 683.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.36 million. The stock has risen by 3.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SWIN stock heading into the next quarter.
