How To Know If MicroAlgo Inc (NASDAQ:MLGO) Is Expensive At $8.69.

In last trading session, MicroAlgo Inc (NASDAQ:MLGO) saw 5.82 million shares changing hands with its beta currently measuring -0.42. Company’s recent per share price level of $8.69 trading at -$0.57 or -6.16% at ring of the bell on the day assigns it a market valuation of $86.67M. That closing price of MLGO’s stock is at a discount of -5764.21% from its 52-week high price of $509.60 and is indicating a premium of 87.23% from its 52-week low price of $1.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.22 million shares which gives us an average trading volume of 25.92 million if we extend that period to 3-months.

MicroAlgo Inc (NASDAQ:MLGO) trade information

Upright in the red during last session for losing -6.16%, in the last five days MLGO remained trading in the green while hitting it’s week-highest on Monday, 04/21/25 when the stock touched $8.69 price level, adding 47.33% to its value on the day. MicroAlgo Inc’s shares saw a change of 131.12% in year-to-date performance and have moved 4.20% in past 5-day. MicroAlgo Inc (NASDAQ:MLGO) showed a performance of -27.16% in past 30-days. Number of shares sold short was 4.19 million shares which calculate 0.14 days to cover the short interests.

MicroAlgo Inc (NASDAQ:MLGO)’s Major holders

Insiders are in possession of 18.56% of company’s total shares while institution are holding 7.10 percent of that, with stock having share float percentage of 8.72%. Investors also watch the number of corporate investors in a company very closely, which is 7.10% institutions for MicroAlgo Inc that are currently holding shares of the company.