Let’s start up with the current stock price of Sentage Holdings Inc. (SNTG), which is $2.59 to be very precise. The Stock rose vividly during the last session to $2.63 after opening rate of $2.18 while the lowest price it went was recorded $2.1556 before closing at $2.18.Recently in News on July 13, 2021, Sentage Holdings Inc. Announces Closing of Initial Public Offering. Sentage Holdings Inc. (Nasdaq: SNTG), a financial service provider that offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China, today announced the closing of its initial public offering (“Offering”) of 4,000,000 ordinary shares at a public offering price of US$5.00 per ordinary share. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Sentage Holdings Inc. shares are logging -95.02% during the 52-week period from high price, and 31.11% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.98 and $52.00.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 875403 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Sentage Holdings Inc. (SNTG) recorded performance in the market was -92.58%, having the revenues showcasing -92.68% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 35.33M, as it employees total of 29 workers.
Specialists analysis on Sentage Holdings Inc. (SNTG)
During the last month, 0 analysts gave the Sentage Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SNTG is recording 1.56 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.56.
Trends and Technical analysis: Sentage Holdings Inc. (SNTG)
Raw Stochastic average of Sentage Holdings Inc. in the period of last 50 days is set at 11.41%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 38.30%. In the last 20 days, the company’s Stochastic %K was 21.33% and its Stochastic %D was recorded 14.51%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -92.58%. The shares increased approximately by 20.47% in the 7-day charts and went up by -30.38% in the period of the last 30 days. Common stock shares were lifted by -92.68% during last recorded quarter.