Linkage Global Inc (NASDAQ: LGCB) is -34.89% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $5.70 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 LGCB stock was last observed hovering at around $0.37 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $0.29, the stock is -27.12% and -2.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -22.27% at the moment leaves the stock -83.69% off its SMA200. LGCB registered -81.08% loss for a year compared to 6-month loss of -94.44%. The firm has a 50-day simple moving average (SMA 50) of $0.29354 and a 200-day simple moving average (SMA200) of $1.753015.
The stock witnessed a 39.61% gain in the last 1 month and extending the period to 3 months gives it a 8.12%, and is -24.38% 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 34.79% over the week and 21.89% over the month.
Profit margin for the company is -24.94%. Distance from 52-week low is 66.53% and -94.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.04%).
.
Linkage Global Inc (LGCB) Top Institutional Holders
The shares outstanding are 21.50M, and float is at 7.20M with Short Float at 7.26%.
Linkage Global Inc (LGCB) Insider Activity
#####
Still, SEC filings show that on Sep 20 ’24, Horizon Century International (shareholder) Proposed Sale 215,000 shares at an average price of $0.99 for $0.21 million. The insider now directly holds shares of Linkage Global Inc (LGCB).
