Singlepoint Inc (AMEX: SING) is -93.44% lower on its value in year-to-date trading and has touched a low of $0.09 and a high of $238.16 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 SING stock was last observed hovering at around $0.15 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.14, the stock is -12.35% and -29.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.02 million and changing -7.60% at the moment leaves the stock -97.05% off its SMA200. SING registered -99.94% loss for a year compared to 6-month loss of -80.32%.
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The stock witnessed a -18.59% gain in the last 1 month and extending the period to 3 months gives it a -26.68%, and is -23.20% 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 11.05% over the week and 24.53% over the month.
Singlepoint Inc (SING) has around 63 employees, a market worth around $0.16M and $26.32M in sales. Profit margin for the company is -27.07%. Distance from 52-week low is 55.80% and -99.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-227.20%).
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Singlepoint Inc (SING) Top Institutional Holders
The shares outstanding are 4.35M, and float is at 1.01M with Short Float at 143.71%.
Singlepoint Inc (SING) Insider Activity
The most recent transaction is an insider purchase by Ralston Wil,the company’sChief Executive Officer. SEC filings show that Ralston Wil bought 100,000 shares of the company’s common stock on Dec 19 ’23 at a price of $5.00 per share for a total of $0.5 million. Following the purchase, the insider now owns 0.14 million shares.
