An Overview of MicroAlgo Inc (NASDAQ: MLGO)’s Stock Performance and Outlook

In the last trading session, 15.06 million MicroAlgo Inc (NASDAQ:MLGO) shares changed hands as the company’s beta touched -1.35. With the company’s per share price at $0.56 changed hands at -$0.03 or -5.06% during last session, the market valuation stood at $38.72M. MLGO’s last price was a discount, traded about -90900.0% off its 52-week high of $509.60. When we look at MicroAlgo Inc’s average trading volume, we note the 10-day average is 37.68 million shares, with the 3-month average coming to 30.56 million.

MicroAlgo Inc (NASDAQ:MLGO) trade information

Instantly MLGO was in red as seen at the end of in last trading. With action -21.04%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -99.81%, with the 5-day performance at -21.04% in the red. However, in the 30-day time frame, MicroAlgo Inc (NASDAQ:MLGO) is -61.60% down. Looking at the short shares, we see there were 11.32 million shares sold at short interest cover period of 0.25 days.

MLGO Dividends

MicroAlgo Inc is expected to release its next quarterly earnings report in July.

MicroAlgo Inc (NASDAQ:MLGO)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 7.65% of MicroAlgo Inc shares while 2.32% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.52%.

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