Stocks of Singularity Future Technology Ltd (SGLY) are poised to climb above their peers

With 23.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 22520.0 shares. The 52-week range on SGLY shows that it touched its highest point at $8.00 and its lowest point at $2.00 during that stretch. It currently has a 1-year price target of $1.75. Beta for the stock currently stands at 0.84.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SGLY was up-trending over the past week, with a rise of 79.70%, but this was down by -9.35% over a month. Three-month performance dropped to -22.96% while six-month performance fell -21.08%. The stock lost -27.02% in the past year, while it has lost -22.96% so far this year.

Float and Shares Shorts:

At present, 3.45 million SGLY shares are outstanding with a float of 3.45 million shares on hand for trading. On Feb 29, 2024, short shares totaled 31130.0, which was 1.78% higher than short shares on Jan 31, 2024. In addition to SGLY as the firm’s Singularity Future Technology L, DGLY serves as its Digital Ally, Inc.

Institutional Ownership:

Through their ownership of 0.41% of SGLY’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SGLY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, SGLY has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and SGLY currently yields $0.00. In the past year, SGLY’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, SGLY has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.