MingZhu Logistics Holdings Limited (NASDAQ: YGMZ) is -50.00% lower on its value in year-to-date trading and has touched a low of $3.66 and a high of $58.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YGMZ stock was last observed hovering at around $4.99 in the last trading session, with the day’s gains setting it 0.09%.
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Currently trading at $5.08, the stock is -5.75% and -50.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 1.80% at the moment leaves the stock -39.61% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $6.90 and a 200-day simple moving average (SMA200) of $8.41.
The stock witnessed a -31.17% in the last 1 month and extending the period to 3 months gives it a -51.62%, and is 10.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.01% over the week and 10.97% over the month.
MingZhu Logistics Holdings Limited (YGMZ) has around 210 employees, a market worth around $51.16M and $28.61M in sales. Distance from 52-week low is 38.85% and -91.24% from its 52-week high. The company has generated returns on investments over the last 12 months (11.70%).
The EPS is expected to shrink by -42.50% this year.
MingZhu Logistics Holdings Limited (YGMZ) Top Institutional Holders
5 institutions hold shares in MingZhu Logistics Holdings Limited (YGMZ), with 6.68M shares held by insiders accounting for 74.25% while institutional investors hold 1.22% of the company’s shares. The shares outstanding are 10.07M, and float is at 3.09M with Short Float at 0.68%. Institutions hold 0.32% of the Float.
The top institutional shareholder in the company is Virtu Financial LLC with over 23951.0 shares valued at $0.24 million. The investor’s holdings represent 0.19% of the YGMZ Shares outstanding. As of Dec 30, 2020, the second largest holder is Bank of Montreal/Can/ with 5000.0 shares valued at $50800.0 to account for 0.04% of the shares outstanding. The other top investors are UBS Group AG which holds 1669.0 shares representing 0.01% and valued at over $16957.0, while Tower Research Capital LLC (TRC) holds 0.01% of the shares totaling 1576.0 with a market value of $16012.0.