Singlepoint Inc (AMEX:SING) Shares Surged 20.12% In A Week – But Will They Keep Going Up?

In last trading session, Singlepoint Inc (AMEX:SING) saw 1.1 million shares changing hands with its beta currently measuring -0.38. Company’s recent per share price level of $0.23 trading at $0.04 or 16.45% at ring of the bell on the day assigns it a market valuation of $0.25M. That closing price of SING’s stock is at a discount of -202021.74% from its 52-week high price of $464.88 and is indicating a premium of 60.87% from its 52-week low price of $0.09. Taking a look at company’s average trading volume volume of 535.91K if we extend that period to 3-months.

Singlepoint Inc (AMEX:SING) trade information

Upright in the green during last session for gaining 16.45%, in the last five days SING remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $0.23 price level, adding 2.54% to its value on the day. Singlepoint Inc’s shares saw a change of -89.53% in year-to-date performance and have moved 20.12% in past 5-day. Singlepoint Inc (AMEX:SING) showed a performance of -12.58% in past 30-days.

Company posted -$ and -$ of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 54.40% during past 5 years.

SING Dividends

Singlepoint Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.