If You’re An Adventuresome Investor, Then Take A Chance On Singularity Future Technology Ltd (NASDAQ: SGLY)

In the last trading session, 0.22 million shares of the Singularity Future Technology Ltd (NASDAQ:SGLY) were traded, and its beta was 1.05. Most recently the company’s share price was $3.08, and it changed around $0.14 or 4.76% from the last close, which brings the market valuation of the company to $10.79M. SGLY currently trades at a discount to its 52-week high of $7.65, offering almost -148.38% off that amount. The share price’s 52-week low was $1.27, which indicates that the current value has risen by an impressive 58.77% since then. We note from Singularity Future Technology Ltd’s average daily trading volume that its 10-day average is 0.11 million shares, with the 3-month average coming to 38.03K.

Singularity Future Technology Ltd (NASDAQ:SGLY) trade information

Instantly SGLY has showed a green trend with a performance of 4.76% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.25 on recent trading dayincreased the stock’s daily price by 5.23%. The company’s shares are currently up 90.12% year-to-date, but still up 41.28% over the last five days. On the other hand, Singularity Future Technology Ltd (NASDAQ:SGLY) is 85.80% up in the 30-day period. We can see from the shorts that 58775.0 shares have been sold at a short interest cover period of 1.79 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 38.15%.

SGLY Dividends

Singularity Future Technology Ltd’s next quarterly earnings report is expected to be released in February.

Singularity Future Technology Ltd (NASDAQ:SGLY)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.11% of Singularity Future Technology Ltd shares, and 1.52% of them are in the hands of institutional investors. The stock currently has a share float of 1.52%.