VCI Global Ltd (NASDAQ: VCIG) is -99.77% lower on its value in year-to-date trading and has touched a low of $1.40 and a high of $558.60 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 VCIG stock was last observed hovering at around $1.4 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $1.29, the stock is -43.38% and -60.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -7.86% at the moment leaves the stock -96.17% off its SMA200. VCIG registered -96.34% loss for a year compared to 6-month loss of -96.59%. The firm has a 50-day simple moving average (SMA 50) of $3.2572 and a 200-day simple moving average (SMA200) of $33.01441.
The stock witnessed a -61.49% gain in the last 1 month and extending the period to 3 months gives it a -64.95%, and is -29.89% 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 11.39% over the week and 12.08% over the month.
Distance from 52-week low is -7.86% and -99.77% from its 52-week high.
3.0 institutions hold shares in VCI Global Ltd (VCIG), with institutional investors hold 0.13% of the company’s shares. The shares outstanding are 2.80M, and float is at 1.94M with Short Float at 10.94%. Institutions hold 0.13% of the Float.
