DigiAsia Corp (NASDAQ: FAAS)’s Potential for Significant Price Increase in the Near Future

In the last trading session, 1.53 million DigiAsia Corp (NASDAQ:FAAS) shares changed hands as the company’s beta touched 2.29. With the company’s per share price at $0.51 changed hands at $0.02 or 3.20% during last session, the market valuation stood at $30.95M. FAAS’s last price was a discount, traded about -586.27% off its 52-week high of $3.50. The share price had its 52-week low at $0.16, which suggests the last value was 68.63% up since then. When we look at DigiAsia Corp’s average trading volume, we note the 10-day average is 10.69 million shares, with the 3-month average coming to 19.69 million.

DigiAsia Corp (NASDAQ:FAAS) trade information

Instantly FAAS was in green as seen at the end of in last trading. With action -1.75%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -84.26%, with the 5-day performance at -1.75% in the red. However, in the 30-day time frame, DigiAsia Corp (NASDAQ:FAAS) is -13.13% down. Looking at the short shares, we see there were 0.84 million shares sold at short interest cover period of 0.02 days.

DigiAsia Corp (NASDAQ:FAAS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 60.66% of DigiAsia Corp shares while 9.86% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 25.07%. With 14.18 shares estimated at $7228.0 under it, the former controlled 0.13% of total outstanding shares.

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