VCI Global Ltd (NASDAQ: VCIG) is -41.48% lower on its value in year-to-date trading and has touched a low of $0.95 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 $1.00 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.03, the stock is -22.49% and -41.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing 3.00% at the moment leaves the stock -93.62% off its SMA200. VCIG registered -97.69% loss for a year compared to 6-month loss of -92.49%. The firm has a 50-day simple moving average (SMA 50) of $1.78804 and a 200-day simple moving average (SMA200) of $16.438175.
The stock witnessed a -45.50% gain in the last 1 month and extending the period to 3 months gives it a -65.26%, and is 4.88% 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 12.44% over the week and 15.15% over the month.
Distance from 52-week low is 8.42% and -99.00% from its 52-week high.
The shares outstanding are 38.03M, and float is at 11.41M with Short Float at 3.28%.
