Treasure Global Inc (NASDAQ: TGL) Could Bring Massive Returns?

In the last trading session, 265.63 million shares of the Treasure Global Inc (NASDAQ:TGL) were traded, and its beta was -0.66. Most recently the company’s share price was $0.24, and it changed around $0.03 or 10.13% from the last close, which brings the market valuation of the company to $6.99M. TGL currently trades at a discount to its 52-week high of $12.59, offering almost -5145.83% off that amount. The share price’s 52-week low was $0.15, which indicates that the current value has risen by an impressive 37.5% since then. We note from Treasure Global Inc’s average daily trading volume that its 10-day average is 66.33 million shares, with the 3-month average coming to 7.64 million.

Treasure Global Inc (NASDAQ:TGL) trade information

Instantly TGL has showed a green trend with a performance of 10.13% 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 0.3800 on recent trading dayincreased the stock’s daily price by 36.84%. The company’s shares are currently up 33.03% year-to-date, but still up 8.96% over the last five days. On the other hand, Treasure Global Inc (NASDAQ:TGL) is 31.84% up in the 30-day period. We can see from the shorts that 8709.0 shares have been sold at a short interest cover period of 0.02 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -419.89%.

TGL Dividends

Treasure Global Inc’s next quarterly earnings report is expected to be released in February.

Treasure Global Inc (NASDAQ:TGL)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 7.26% of Treasure Global Inc shares, and 1.16% of them are in the hands of institutional investors. The stock currently has a share float of 1.25%.

Vanguard Extended Market Index Fund and Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 174.0 shares worth $41.0, making up 0.00% of all outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held roughly 1.24 shares worth around $292.0, which represents about 0.00% of the total shares outstanding.