A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. VCI Global Ltd’s current trading price is -99.80% away from its 52-week high, while its distance from the 52-week low is 16.48%. The stock’s price range for this time frame has been between $0.88 and $519.20. The trading volume of the company’s shares in the Industrials reached around 2.5 million for the day, which was evidently lower than the average daily volume of 2.76 million over the last three months.
In terms of market performance, VCI Global Ltd had a somewhat inconsistent run in.
How Financial Performance Impacts Market Capitalization
VCI Global Ltd (VCIG) has experienced a quarterly decline of -65.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.87M.
The Role of Moving Averages and Trading Volume in Technical Analysis
VCIG Stock Stochastic Average
The raw stochastic average for VCI Global Ltd over the last 50 days is presently at 26.94%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 5.24%. Further, the company’s Stochastic %K and %D values for the last 20 days were 4.04% and 5.87%, respectively.
VCIG Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -99.80% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -96.06%. Over the past 30 days, the price of VCIG has leaped by -53.41%. And in the last five days, it has fallen by -1.44%.
