DigiAsia Corp (NASDAQ: FAAS) is -91.66% 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 $0.59 in the last trading session, with the day’s gains setting it 17.2%.
Currently trading at $17.79M, the stock is -17.02% and 31.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 1272869% at the moment leaves the stock -18.95% off its SMA200. FAAS registered -19.28% loss for a year compared to 6-month gain of 24.59%. The firm has a 50-day simple moving average (SMA 50) of $0.45992 and a 200-day simple moving average (SMA200) of $0.74694.
The stock witnessed a -7.94% loss in the last 1 month and extending the period to 3 months gives it a 102.68%, and is -3.38% 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 7.68% over the week and 16.70% over the month.
Distance from 52-week low is 272.51% and -92.87% 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 8.65%. Institutions hold 9.86% of the Float.
