Focus Universal Inc (NASDAQ: FCUV) Stock: Can It Go Higher?

In today’s recent session, 0.94 million shares of the Focus Universal Inc (NASDAQ:FCUV) were traded. Most recently the company’s share price was $0.70, and it changed around $0.11 or 19.29% from the last close, which brings the market valuation of the company to $51.69M. FCUV at last check was trading at a discount to its 52-week high of $1.68, offering almost -140.0% off that amount. The share price’s 52-week low was $0.15, which indicates that the recent value has risen by an impressive 78.57% since then. We note from Focus Universal Inc’s average daily trading volume that its 10-day average is 3.39 million shares, with the 3-month average coming to 5.50 million.

Focus Universal Inc (NASDAQ:FCUV) trade information

Instantly FCUV has been showing a green trend so far today with a performance of 19.29% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.7200 on recent trading dayincreased the stock’s daily price by 2.78%. The company’s shares are currently up 99.65% year-to-date, but still up 19.74% over the last five days. On the other hand, Focus Universal Inc (NASDAQ:FCUV) is 215.47% up in the 30-day period. We can see from the shorts that 1.75 million shares have been sold at a short interest cover period of 1.04 day(s).

Focus Universal Inc (NASDAQ:FCUV)’s Major holders

GEODE CAPITAL MANAGEMENT, LLC, with 0.4324% or 0.28 million shares worth $67241.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 1.19 shares worth $0.83 million, making up 2.90% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 374.99 shares worth around $0.26 million, which represents about 0.92% of the total shares outstanding.