Creative Global Technology Holdings Ltd (NASDAQ: CGTL) is -71.59% lower on its value in year-to-date trading and has touched a low of $0.81 and a high of $10.59 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 CGTL stock was last observed hovering at around $2.08 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $2.27, the stock is 94.18% and 5.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 9.13% at the moment leaves the stock -43.41% off its SMA200. CGTL registered a loss of -55.65% in past 6-months.
The stock witnessed a 143.30% gain in the last 1 month and extending the period to 3 months gives it a -29.06%, and is 145.96% 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 29.99% over the week and 19.67% over the month.
Creative Global Technology Holdings Ltd (CGTL) has around 17 employees, a market worth around $48.67M and $4.56M in sales. Current P/E ratio is 88.67. Profit margin for the company is 12.03%. Distance from 52-week low is 180.04% and -78.56% from its 52-week high. The company has generated returns on investments over the last 12 months (31.59%).
The shares outstanding are 21.44M, and float is at 1.44M with Short Float at 5.05%.
