MicroAlgo Inc (NASDAQ: MLGO) – Not A Clear Buying Opportunity?

MicroAlgo Inc (MLGO) concluded trading on Wednesday at a closing price of $8.34, with 4.09 million shares of worth about $34.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.80% during that period and on April 16, 2025 the price saw a loss of about -31.13%. Currently the company’s common shares owned by public are about 9.97M shares, out of which, 8.12M shares are available for trading.

Stock saw a price change of -54.38% in past 5 days and over the past one month there was a price change of 127.87%. Year-to-date (YTD), MLGO shares are showing a performance of 121.81% which decreased to -83.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.11 but also hit the highest price of $509.60 during that period. The average intraday trading volume for MicroAlgo Inc shares is 24.35 million. The stock is currently trading -44.15% below its 20-day simple moving average (SMA20), while that difference is up 5.94% for SMA50 and it goes to -44.54% lower than SMA200.

MicroAlgo Inc (NASDAQ: MLGO) currently have 9.97M outstanding shares and institutions hold larger chunk of about 7.11% of that.

The stock has a current market capitalization of $83.17M and its 3Y-monthly beta is at -0.50. It has Quick Ratio of 3.55 while making debt-to-equity ratio of 0.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MLGO, volatility over the week remained 30.21% while standing at 53.16% over the month.

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