Color Star Technology Co., Ltd. (NASDAQ:CSCW) has a beta value of 2.39 and has seen 4,507,473 shares traded in the last trading session. The company, currently valued at $72.93 Million, closed the last trade at $1.24 per share which meant it lost $0 on the day or 0% during that session. The CSCW stock price is -115.32% off its 52-week high price of $2.67 and 75% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 70.82 Million shares traded. The 3-month trading volume is 20.7 Million shares.
The consensus among analysts is that Color Star Technology Co., Ltd. (CSCW) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Color Star Technology Co., Ltd. (NASDAQ:CSCW) trade information
Despite being 0% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Apr 28 when the CSCW stock price touched $1.32 or saw a rise of 6.06%. Year-to-date, Color Star Technology Co., Ltd. shares have moved 76.14%, while the 5-day performance has seen it change 10.71%. Over the past 30 days, the shares of Color Star Technology Co., Ltd. (NASDAQ:CSCW) have changed -31.87%. Short interest in the company has seen 3.69 Million shares shorted with days to cover at 0.18.
Wall Street analysts have a consensus price target for the stock at $120, which means that the shares’ value could jump 9577.42% from current levels. The projected low price target is $120 while the price target rests at a high of $120. In that case, then, we find that the current price level is +9577.42% off the targeted high while a plunge would see the stock lose 9577.42% from current levels.
Color Star Technology Co., Ltd. (CSCW) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +27.1% over the past 5 years. Earnings growth for 2021 is a modest +61% while over the next 5 years, the company’s earnings are expected to increase by 20%.
Color Star Technology Co., Ltd. (NASDAQ:CSCW)’s Major holders
Insiders own 22.17% of the company shares, while shares held by institutions stand at 0.25% with a share float percentage of 0.32%. Investors are also buoyed by the number of investors in a company, with Color Star Technology Co., Ltd. having a total of 6 institutions that hold shares in the company. The top two institutional holders are Geode Capital Management, LLC with over 70.09 Thousand shares worth more than $49.35 Thousand. As of December 30, 2020, Geode Capital Management, LLC held 0.13% of shares outstanding.
The other major institutional holder is Citadel Advisors LLC, with the holding of over 30.06 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $21.16 Thousand and represent 0.05% of shares outstanding.