Addentax Group Corp (ATXG) Forecast: Revisiting The Past To Gain Insights For The Future

Addentax Group Corp (NASDAQ:ATXG) concluded the trading at $0.67 on current market day with a fall of -6.75% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $0.72 and 5Y monthly beta was reading -35.91 with its price kept floating in the range of $0.553 and $1.86 on the day. Considering stock’s 52-week price range provides that ATXG hit a high price of $1.18 and saw its price falling to a low level of $0.49 during that period. Over a period of past 1-month, stock came adding 8.94% in its value.

In contrast, when we review ATXG stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of 50% Sell for it.

Digging deeper we become aware of the PEG ratio of the ATXG stock which is currently positioned at 0. It further provides that stock’s current price level is -7.32% away from its 20-day simple moving average and is -12.40% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 43.33 while volatility remained at 52.67% over the past week which changes to 23.12% when measuring it over the past month. Average true range or ATR is currently at 0.18.

Having a second look at Addentax Group Corp (NASDAQ:ATXG) provides that stock’s average daily trading volume for 3 months was 14.76K, while it jumped to 2925540 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 6.04 million.

The percentage of outstanding shares held by the insiders is 15.93% while it is 3.89% for the institutional holders. The figures also indicate that as of 2025-04-30, number of stock’s short shares was 38084.0 which implies a short ratio of 1.81. This shows up a 66.00 of Short Interest in company’s outstanding shares on the day. In April the standing of shares short improved as it was 24315.0 in the previous month. Addition of 9.35% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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