Guardforce AI Co Ltd (NASDAQ: GFAI) is 33.57% higher on its value in year-to-date trading and has touched a low of $0.94 and a high of $4.30 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 GFAI stock was last observed hovering at around $2.01 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $1.91, the stock is 13.93% and 36.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.17 million and changing -4.98% at the moment leaves the stock 0.04% off its SMA200. GFAI registered -27.65% loss for a year compared to 6-month loss of -24.51%. The firm has a 50-day simple moving average (SMA 50) of $1.383 and a 200-day simple moving average (SMA200) of $1.918.
The stock witnessed a 50.39% gain in the last 1 month and extending the period to 3 months gives it a 64.66%, and is -33.91% 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 31.28% over the week and 23.93% over the month.
Guardforce AI Co Ltd (GFAI) has around 1550 employees, a market worth around $19.56M and $35.43M in sales. Profit margin for the company is -49.67%. Distance from 52-week low is 102.67% and -55.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-70.22%).
The shares outstanding are 10.24M, and float is at 8.36M with Short Float at 7.85%.