SAIHEAT Ltd. (NASDAQ: SAIH) is -20.17% lower on its value in year-to-date trading and has touched a low of $0.54 and a high of $1.80 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 SAIH stock was last observed hovering at around $1.03 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $0.95, the stock is 27.92% and 20.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -7.77% at the moment leaves the stock 3.79% off its SMA200. SAIH registered 5.56% gain for a year compared to 6-month loss of 13.10%. The firm has a 50-day simple moving average (SMA 50) of $0.78616 and a 200-day simple moving average (SMA200) of $0.91533.
The stock witnessed a 15.85% gain in the last 1 month and extending the period to 3 months gives it a 7.13%, and is 72.63% 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 74.52% over the week and 26.68% over the month.
Distance from 52-week low is 77.54% and -47.18% from its 52-week high.
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SAIHEAT Ltd. (SAIH) Top Institutional Holders
The shares outstanding are 14.41M, and float is at 13.69M with Short Float at 0.38%.
SAIHEAT Ltd. (SAIH) Insider Activity
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