Treasure Global Inc (NASDAQ: TGL) – An Analysis Is What You Need

Treasure Global Inc (NASDAQ:TGL) traded at $2.33 at close of the session on Monday, April 21 and made a downward move of -17.67% on its previous day’s price.

Looking at the stock we see that its previous close was $2.83 and the beta (5Y monthly) reads -0.081 with the day’s price range being $1.96 – $2.8677. In terms of its 52-week price range, TGL has a high of $300.00 and a low of $1.71. The company’s stock has lost about -59.30% over that past 30 days.

Treasure Global Inc has a market cap of $3.80 million and is expected to release its quarterly earnings report on 2024-Feb-13.

On the other hand, looking at the outlook for the TGL stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.

Looking further, we note the current price level is -28.71% off its SMA20 and -59.00% from its 50-day simple moving average. The RSI (14) is pointing at 35.69 while the volatility over the past week is 37.40% and jumps to 35.22% over the past one month. The beta value is 0.04, while the average true range (ATR) is currently pointing at 1.04.

Coming back to Treasure Global Inc (NASDAQ:TGL), we note that the average 3-month trading volume was 2.19 million, while that of the preceding 10-day period stands at 12.98 million. Current shares outstanding are 32.86 million.

The insiders hold 30.52% of the company’s shares while institutions hold 0.84%. The data shows that short shares as of 2025-03-31, stood at 64988.0 at a short ratio of 0.31. This represents a 620.00 short interest in shares outstanding on 2025-03-31. Shares short rose in March from the previous month at 25360.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -73.73% down in year-to-date price movement.

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