Singularity Future Technology Ltd (NASDAQ: SGLY) Stock Jumped 134.18% Over A Month – Is There Any Hope Of A Gain?

During the last session, Singularity Future Technology Ltd (NASDAQ:SGLY)’s traded shares were 1.44 million, with the beta value of the company hitting 1.18. At the end of the trading day, the stock’s price was $3.70, reflecting an intraday gain of 2.78% or $0.1. The 52-week high for the SGLY share is $7.65, that puts it down -106.76 from that peak though still a striking 65.68% gain since the share price plummeted to a 52-week low of $1.27. The company’s market capitalization is $12.96M, and the average intraday trading volume over the past 10 days was 0.27 million shares, and the average trade volume was 46.78K shares over the past three months.

Singularity Future Technology Ltd (NASDAQ:SGLY) trade information

Singularity Future Technology Ltd (SGLY) registered a 2.78% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.78% in intraday trading to $3.70, hitting a weekly high. The stock’s 5-day price performance is 51.33%, and it has moved by 134.18% in 30 days. Based on these gigs, the overall price performance for the year is -31.35%. The short interest in Singularity Future Technology Ltd (NASDAQ:SGLY) is 58775.0 shares and it means that shorts have 1.79 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 38.15%.

SGLY Dividends

Singularity Future Technology Ltd 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.

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

Singularity Future Technology Ltd insiders own 0.11% of total outstanding shares while institutional holders control 1.52%, with the float percentage being 1.52%.

Also, the Mutual Funds coming in first place with the largest holdings of Singularity Future Technology Ltd (SGLY) shares are Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund . Data provided on Nov 30, 2024 indicates that Fidelity Extended Market Index Fund owns about 19.31 shares. This amounts to just over 0.55 percent of the company’s overall shares, with a $71432.0 market value. The same data shows that the other fund manager holds slightly less at 5.43, or about 0.15% of the stock, which is worth about $20076.0.