In the last trading session, 2,004,432 shares of the SGOCO Group, Ltd.(NASDAQ:SGOC) were traded, and its beta was 0.39. Most recently the company’s share price was $2.6, and it changed around $0.52 or 0.25% from the last close, which brings the market valuation of the company to $261.56 Million. SGOC currently trades at a discount to its 52-week high of $4.21, offering almost -61.92% off that amount. The share price’s 52-week low was $0.72, which indicates that the current value has risen by an impressive 72.31% since then. We note from SGOCO Group, Ltd.’s average daily trading volume that its 10-day average is 1.08 Million shares, with the 3-month average coming to 537.26 Million.
SGOCO Group, Ltd. stock received a consensus recommendation rating of 0, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 0 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended SGOC as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. SGOCO Group, Ltd. is expected to report earnings per share of $0 for the current quarter.
SGOCO Group, Ltd. (NASDAQ:SGOC): Trading Information
Instantly SGOC has showed a green trend with a performance of 25% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $2.70- on Friday, Feb 19 increased the stock’s daily price by 3.7%. The company’s shares are currently up 0.79% year-to-date, but still up 0.3472 over the last five days. On the other hand, SGOCO Group, Ltd. (NASDAQ:SGOC) is 0.58% up in the 30-day period. We can see from the shorts that 102.56 Million shares have been sold at a short interest cover period of 0.19 day(s).
SGOCO Group, Ltd. (SGOC) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.2%. SGOCO Group, Ltd. earnings are expected to decrease by -5.1% in 2021, but the outlook is negative 0% per year for the next five years.
SGOCO Group, Ltd. (NASDAQ:SGOC)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 69.64% of SGOCO Group, Ltd. shares, and 0.02% of them are in the hands of institutional investors. The stock currently has a share float of 0.05%. SGOCO Group, Ltd. stock is held by 3 institutions, with HRT Financial LLC being the largest institutional investor. By Sep 29, 2020, it held 0.01% of the shares, which is about 13.4 Thousand shares worth $11.52 Thousand.
Renaissance Technologies, LLC, with 0.01% or 13.3 Thousand shares worth $19.28 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.