Swvl Holdings Corp. (NASDAQ: SWVL) is -96.03% lower on its value in year-to-date trading and has touched a low of $0.28 and a high of $11.40 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 SWVL stock was last observed hovering at around $0.44 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $5.00 for the next 12 months. It is also 95.12% off the consensus price target high of $8.00 offered by 3 analysts, but current levels are 74.0% higher than the price target low of $1.50 for the same period.
Currently trading at $0.39, the stock is -16.68% and -40.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.48 million and changing -11.62% at the moment leaves the stock -91.23% off its SMA200. SWVL registered -96.06% loss for a year compared to 6-month loss of -91.72%.
The stock witnessed a -31.48% gain in the last 1 month and extending the period to 3 months gives it a -76.35%, and is -7.60% down 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 19.25% over the week and 17.24% over the month.
Swvl Holdings Corp. (SWVL) has around 606 employees, a market worth around $50.35M and $66.20M in sales. Distance from 52-week low is 40.21% and -96.56% from its 52-week high. The company has generated returns on investments over the last 12 months (939.20%).
Swvl Holdings Corp. (SWVL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Swvl Holdings Corp. (SWVL) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 1 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Swvl Holdings Corp. is expected to release its quarterly report on 03/01/2023.The EPS is expected to shrink by -375.70% this year
Swvl Holdings Corp. (SWVL) Top Institutional Holders
The shares outstanding are 106.25M, and float is at 78.12M with Short Float at 1.46%.