K Wave Media Ltd (NASDAQ: KWM) is -54.55% lower on its value in year-to-date trading and has touched a low of $1.52 and a high of $20.89 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 KWM stock was last observed hovering at around $4.6 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $4.84, the stock is 13.80% and 18.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 5.22% at the moment leaves the stock -44.70% off its SMA200. KWM registered -59.67% loss for a year compared to 6-month loss of -57.58%. The firm has a 50-day simple moving average (SMA 50) of $3.52785 and a 200-day simple moving average (SMA200) of $3.52785.
The stock witnessed a -33.61% gain in the last 1 month and extending the period to 3 months gives it a -43.06%, and is 12.56% 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 14.11% over the week and 21.41% over the month.
K Wave Media Ltd (KWM) has around 3 employees, a market worth around $306.11M and $0.00M in sales. Distance from 52-week low is 218.42% and -76.83% from its 52-week high.
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K Wave Media Ltd (KWM) Top Institutional Holders
3.0 institutions hold shares in K Wave Media Ltd (KWM), with institutional investors hold 0.86% of the company’s shares. The shares outstanding are 0.99M, and float is at 0.38M with Short Float at 45.22%. Institutions hold 0.40% of the Float.
