Color Star Technology Co Ltd (NASDAQ: ADD) is -36.71% lower on its value in year-to-date trading and has touched a low of $1.36 and a high of $185.00 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 ADD stock was last observed hovering at around $1.54 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.50, the stock is -6.63% and -40.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -2.60% at the moment leaves the stock -95.14% off its SMA200. ADD registered -95.08% loss for a year compared to 6-month loss of -95.34%. The firm has a 50-day simple moving average (SMA 50) of $2.6272 and a 200-day simple moving average (SMA200) of $31.0123.
The stock witnessed a -32.74% gain in the last 1 month and extending the period to 3 months gives it a -90.40%, and is 4.17% 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 11.50% over the week and 15.96% over the month.
Color Star Technology Co Ltd (ADD) has around 47 employees, a market worth around $0.92M and $2.83M in sales. Profit margin for the company is -949.12%. Distance from 52-week low is 10.29% and -99.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-144.94%).
11.0 institutions hold shares in Color Star Technology Co Ltd (ADD), with institutional investors hold 4.08% of the company’s shares. The shares outstanding are 0.61M, and float is at 0.57M with Short Float at 55.20%. Institutions hold 1.70% of the Float.
