DigiAsia Corp (NASDAQ: FAAS) is -91.84% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $5.76 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 $0.47 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.44, the stock is -25.53% and -15.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -7.65% at the moment leaves the stock -38.68% off its SMA200. FAAS registered -41.76% loss for a year compared to 6-month loss of -59.93%. The firm has a 50-day simple moving average (SMA 50) of $0.51882 and a 200-day simple moving average (SMA200) of $0.712365.
The stock witnessed a -39.17% gain in the last 1 month and extending the period to 3 months gives it a 36.12%, and is -23.33% 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 12.79% over the week and 14.10% over the month.
Distance from 52-week low is 168.77% and -92.42% from its 52-week high.
12.0 institutions hold shares in DigiAsia Corp (FAAS), with institutional investors hold 25.07% of the company’s shares. The shares outstanding are 60.69M, and float is at 18.29M with Short Float at 4.58%. Institutions hold 9.86% of the Float.
