Is Color Star Technology Co Ltd (NASDAQ:ADD), -8158.93% Away From High, Poised For A Strong Comeback?

In recent trading session, Color Star Technology Co Ltd (NASDAQ:ADD) saw 3.81 million shares changing hands at last check today with its beta currently measuring 2.12. Company’s recent per share price level of $2.24 trading at -$0.23 or -9.31% at last check today assigns it a market valuation of $4.04M. That most recent trading price of ADD’s stock is at a discount of -8158.93% from its 52-week high price of $185.00 and is indicating a discount of -1.34% from its 52-week low price of $2.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.02 million shares which gives us an average trading volume of 203.53K if we extend that period to 3-months.

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

Upright in the red during last session for losing -9.31%, in the last five days ADD remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $2.24 price level, adding 30.65% to its value on the day. Color Star Technology Co Ltd’s shares saw a change of -93.95% in year-to-date performance and have moved -27.74% in past 5-day. Color Star Technology Co Ltd (NASDAQ:ADD) showed a performance of -61.38% in past 30-days. Number of shares sold short was 61066.0 shares which calculate 1.07 days to cover the short interests.

Color Star Technology Co Ltd (ADD) estimates and forecasts

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 1.70 percent of that, with stock having share float percentage of 1.78%. Investors also watch the number of corporate investors in a company very closely, which is 1.70% institutions for Color Star Technology Co Ltd that are currently holding shares of the company.