Baosheng Media Group Holdings Ltd (NASDAQ: BAOS) is -33.59% lower on its value in year-to-date trading and has touched a low of $1.44 and a high of $13.66 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 BAOS stock was last observed hovering at around $1.78 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $1.70, the stock is -20.82% and -32.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing -4.49% at the moment leaves the stock -29.11% off its SMA200. BAOS registered -49.40% loss for a year compared to 6-month gain of -26.41%. The firm has a 50-day simple moving average (SMA 50) of $2.5012 and a 200-day simple moving average (SMA200) of $2.402695.
The stock witnessed a -29.17% loss in the last 1 month and extending the period to 3 months gives it a -40.77%, and is -31.17% 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 10.95% over the week and 11.64% over the month.
Distance from 52-week low is 18.06% and -87.55% from its 52-week high.
3.0 institutions hold shares in Baosheng Media Group Holdings Ltd (BAOS), with institutional investors hold 0.57% of the company’s shares. The shares outstanding are 1.53M, and float is at 0.90M with Short Float at 7.35%. Institutions hold 0.31% of the Float.
