Creative Global Technology Holdings Ltd (NASDAQ:CGTL) price closed lower on Monday, April 28, and dropping -21.85% below its previous close.
A look at the daily price movement shows that the last close reads $1.51, with intraday deals fluctuated between $1.15 and $1.32. The company’s P/E ratio in the trailing 12-month period read 46.09. Taking into account the 52-week price action we note that the stock hit a 52-week high of $10.59 and 52-week low of $1.31. The stock subtracted -71.22% on its value in the past month.
Creative Global Technology Holdings Ltd, which has a market valuation of $25.30 million, is expected to release its quarterly earnings report in May.
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.
The overview shows that CGTL’s price is at present -75.80% off the SMA20 and -72.13% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 22.53, with weekly volatility standing at 84.01%. The indicator jumps to 29.69% when calculated based on the past 30 days. Creative Global Technology Holdings Ltd (NASDAQ:CGTL)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.83.
An analysis of the Creative Global Technology Holdings Ltd (NASDAQ:CGTL) stock in terms of its daily trading volume indicates that the 3-month average is 290.29K. However, this figure increases on the past 10-day timeline to an average of 0.87 million.
Current records show that the company has 21.44M in outstanding shares. The insiders’ percentage holdings are 93.29% of outstanding shares while the percentage share held by institutions stands at 0.56%. The stats also highlight that short interest as of 2025-04-15, stood at 0.15 million shares, which puts the short ratio at the time at 0.28. From this we can glean that short interest is 1076.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 1681.0. But the -85.23% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
