VCI Global Ltd (NASDAQ: VCIG) is -90.74% lower on its value in year-to-date trading and has touched a low of $2.30 and a high of $728.14 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 $3.08 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $3.26, the stock is -12.42% and -28.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.54 million and changing 5.84% at the moment leaves the stock -93.73% off its SMA200. VCIG registered -99.52% loss for a year compared to 6-month loss of -96.29%. The firm has a 50-day simple moving average (SMA 50) of $4.58944 and a 200-day simple moving average (SMA200) of $52.01026.
The stock witnessed a -41.47% gain in the last 1 month and extending the period to 3 months gives it a -73.41%, and is 14.39% 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 6.64% over the week and 8.69% over the month.
Distance from 52-week low is 41.62% and -99.55% from its 52-week high.
3.0 institutions hold shares in VCI Global Ltd (VCIG), with institutional investors hold 0.13% of the company’s shares. The shares outstanding are 2.80M, and float is at 2.72M with Short Float at 7.05%. Institutions hold 0.13% of the Float.
