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VCI Global Ltd (VCIG) Stock Could Soon Reward Patient Investors

VCI Global Ltd (NASDAQ: VCIG) is 7.39% higher on its value in year-to-date trading and has touched a low of $1.38 and a high of $106.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VCIG stock was last observed hovering at around $1.66 in the last trading session, with the day’s gains setting it 0.23%.

Currently trading at $1.89, the stock is 6.00% and -20.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 13.51% at the moment leaves the stock -91.26% off its SMA200. VCIG registered -98.05% loss for a year compared to 6-month loss of -93.17%. The firm has a 50-day simple moving average (SMA 50) of $2.3646 and a 200-day simple moving average (SMA200) of $21.62489.

The stock witnessed a -24.40% gain in the last 1 month and extending the period to 3 months gives it a -71.78%, and is 1.07% 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 15.63% over the week and 16.79% over the month.

Distance from 52-week low is 36.96% and -98.22% from its 52-week high.

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VCI Global Ltd (VCIG) Top Institutional Holders

The shares outstanding are 38.03M, and float is at 7.60M with Short Float at 1.87%.

VCI Global Ltd (VCIG) Insider Activity

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