MicroAlgo Inc (NASDAQ: MLGO) Surged 8.29% In 6 Months – Here’s What To Expect Next

During the last session, MicroAlgo Inc (NASDAQ:MLGO)’s traded shares were 34.29 million, with the beta value of the company hitting 2.74. At the end of the trading day, the stock’s price was $3.76, reflecting an intraday loss of -7.62% or -$0.31. The 52-week high for the MLGO share is $509.60, that puts it down -13453.19 from that peak though still a striking 55.85% gain since the share price plummeted to a 52-week low of $1.66. The company’s market capitalization is $34.64M, and the average intraday trading volume over the past 10 days was 6.91 million shares, and the average trade volume was 1.83 million shares over the past three months.

MicroAlgo Inc (NASDAQ:MLGO) trade information

MicroAlgo Inc (MLGO) registered a -7.62% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.62% in intraday trading to $3.76, hitting a weekly high. The stock’s 5-day price performance is 108.89%, and it has moved by 8.29% in 30 days. Based on these gigs, the overall price performance for the year is -97.94%. The short interest in MicroAlgo Inc (NASDAQ:MLGO) is 0.22 million shares and it means that shorts have 0.18 day(s) to cover.

MLGO Dividends

MicroAlgo Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Data provided on Sep 30, 2024 indicates that Fidelity NASDAQ Composite Index Fund owns about 3.44 shares. This amounts to just over 0.07 percent of the company’s overall shares, with a $12941.0 market value.