DigiAsia Corp (NASDAQ: FAAS) is -4.25% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $8.49 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 FAAS stock was last observed hovering at around $0.51 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $0.72, the stock is 24.69% and 93.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 55.87 million and changing 40.20% at the moment leaves the stock -7.84% off its SMA200. FAAS registered -90.43% loss for a year compared to 6-month loss of 21.71%. The firm has a 50-day simple moving average (SMA 50) of $0.37196 and a 200-day simple moving average (SMA200) of $0.779245.
The stock witnessed a 265.72% gain in the last 1 month and extending the period to 3 months gives it a 34.07%, and is -46.01% 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 32.10% over the week and 22.88% over the month.
Distance from 52-week low is 341.85% and -91.54% from its 52-week high.
.
DigiAsia Corp (FAAS) Top Institutional Holders
12.0 institutions hold shares in DigiAsia Corp (FAAS), with institutional investors hold 20.79% of the company’s shares. The shares outstanding are 60.69M, and float is at 18.29M with Short Float at 6.68%. Institutions hold 9.12% of the Float.
