Color Star Technology Co Ltd (NASDAQ:ADD): Buy, Sell Or Hold At $0.17?

In last trading session, Color Star Technology Co Ltd (NASDAQ:ADD) saw 2.08 million shares changing hands with its beta currently measuring 2.25. Company’s recent per share price level of $0.17 trading at $0.01 or 6.70% at ring of the bell on the day assigns it a market valuation of $10.29M. That closing price of ADD’s stock is at a discount of -988.24% from its 52-week high price of $1.85 and is indicating a premium of 11.76% from its 52-week low price of $0.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.97 million shares which gives us an average trading volume of 3.16 million if we extend that period to 3-months.

Color Star Technology Co Ltd (NASDAQ:ADD) trade information

Upright in the green during last session for gaining 6.70%, in the last five days ADD remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $0.17 price level, adding 2.3% to its value on the day. Color Star Technology Co Ltd’s shares saw a change of -54.78% in year-to-date performance and have moved 8.43% in past 5-day. Color Star Technology Co Ltd (NASDAQ:ADD) showed a performance of -17.67% in past 30-days. Number of shares sold short was 0.78 million shares which calculate 0.21 days to cover the short interests.

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 62.76% during past 5 years.

Color Star Technology Co Ltd (NASDAQ:ADD)’s Major holders

Insiders are in possession of 4.47% of company’s total shares while institution are holding 1.05 percent of that, with stock having share float percentage of 1.10%. Investors also watch the number of corporate investors in a company very closely, which is 1.05% institutions for Color Star Technology Co Ltd that are currently holding shares of the company.