In the last trading session, 1.57 million Treasure Global Inc (NASDAQ:TGL) shares changed hands as the company’s beta touched 0.07. With the company’s per share price at $0.26 changed hands at $0.02 or 8.40% during last session, the market valuation stood at $5.48M. TGL’s last price was a discount, traded about -1123.08% off its 52-week high of $3.18. The share price had its 52-week low at $0.18, which suggests the last value was 30.77% up since then. When we look at Treasure Global Inc’s average trading volume, we note the 10-day average is 0.78 million shares, with the 3-month average coming to 1.99 million.
Treasure Global Inc (NASDAQ:TGL) trade information
Instantly TGL was in green as seen at the end of in last trading. With action -4.17%, the performance over the past five days has been red. The jump to weekly highs of 0.2999 on Friday, 11/17/23 added 8.40% to the stock’s daily price. The company’s shares are showing year-to-date downside of -84.53%, with the 5-day performance at -4.17% in the red. However, in the 30-day time frame, Treasure Global Inc (NASDAQ:TGL) is -19.36% down. Looking at the short shares, we see there were 0.52 million shares sold at short interest cover period of 0.1 days.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
The consensus price target for the stock as assigned by Wall Street analysts is $0.54, meaning bulls need an upside of 51.85% from its current market value. According to analyst projections, TGL’s forecast low is $0.54 with $0.54 as the target high. To hit the forecast high, the stock’s price needs a -107.69% plunge from its current level, while the stock would need to soar -107.69% for it to hit the projected low.
Treasure Global Inc (TGL) estimates and forecasts
Data shows that the Treasure Global Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -82.48% over the past 6 months, a 28.57% in annual growth rate that is considerably higher than the industry average of 25.60%.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of $19.42 million. 1 analysts are of the opinion that Treasure Global Inc’s revenue for the quarter ending Mar 2024 will be $18.33 million.
The 2023 estimates are for Treasure Global Inc earnings to increase by 28.57%.
TGL Dividends
Treasure Global Inc is expected to release its next quarterly earnings report in December.
