VCI Global Ltd (NASDAQ: VCIG) is -99.79% lower on its value in year-to-date trading and has touched a low of $1.03 and a high of $519.40 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 $1.04 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.08, the stock is -42.98% and -64.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 62.83 million and changing 3.85% at the moment leaves the stock -96.51% off its SMA200. VCIG registered -96.93% loss for a year compared to 6-month loss of -96.90%. The firm has a 50-day simple moving average (SMA 50) of $3.1262 and a 200-day simple moving average (SMA200) of $31.61036.
The stock witnessed a -65.38% gain in the last 1 month and extending the period to 3 months gives it a -55.37%, and is -22.86% 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 17.26% over the week and 14.18% over the month.
Distance from 52-week low is 4.37% and -99.79% 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 18.01%. Institutions hold 0.13% of the Float.
