VCI Global Ltd (NASDAQ: VCIG) is -12.78% lower on its value in year-to-date trading and has touched a low of $1.38 and a high of $103.39 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 VCIG stock was last observed hovering at around $1.95 in the last trading session, with the day’s loss setting it -0.42%.
Currently trading at $1.53, the stock is -11.10% and -24.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.52 million and changing -21.28% at the moment leaves the stock -92.25% off its SMA200. VCIG registered -97.78% loss for a year compared to 6-month loss of -93.89%. The firm has a 50-day simple moving average (SMA 50) of $2.07128 and a 200-day simple moving average (SMA200) of $20.05559.
The stock witnessed a -4.66% gain in the last 1 month and extending the period to 3 months gives it a -69.59%, and is -12.29% 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 16.66% over the week and 14.40% over the month.
Distance from 52-week low is 11.23% and -98.52% from its 52-week high.
The shares outstanding are 38.03M, and float is at 11.41M with Short Float at 8.63%.
