K Wave Media Ltd (NASDAQ: KWM) is -70.25% 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 $4.48 in the last trading session, with the day’s loss setting it -0.91%.
Currently trading at $3.57, the stock is 23.65% and -36.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.08 million and changing -20.31% at the moment leaves the stock -62.75% off its SMA200. KWM registered -66.48% loss for a year compared to 6-month loss of -67.92%. The firm has a 50-day simple moving average (SMA 50) of $2.087125 and a 200-day simple moving average (SMA200) of $2.087125.
The stock witnessed a -50.42% gain in the last 1 month and extending the period to 3 months gives it a -68.13%, and is 117.68% 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 46.14% over the week and 30.40% over the month.
K Wave Media Ltd (KWM) has around 3 employees, a market worth around $225.79M and $0.00M in sales. Distance from 52-week low is 134.87% and -82.91% from its 52-week high.
3.0 institutions hold shares in K Wave Media Ltd (KWM), with institutional investors hold 0.40% of the company’s shares. The shares outstanding are 0.99M, and float is at 0.07M with Short Float at 29.81%. Institutions hold 0.40% of the Float.
