Analyzing ADD’s current quarter earnings projections

Color Star Technology Co Ltd (ADD)’s stock has witnessed a price hike of 2.04% from the previous close with its current price standing at $1.50. Its current price is -99.19% under its 52-week high of $185.00 and 6.38% more than its 52-week low of $1.41. Based on the past 30-day period, the stock price is -45.16% below the high and +11.35% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ADD’s SMA-200 is $31.6054.

Additionally, it is important to take into account ADD stock ratios, including its price-to-sales ratio, which is 0.32 for the last tewlve months.ADD’s price to book ratio for the most recent quarter was 4.24, resulting in an 45.92 price to cash per share for the period.

How does Color Star Technology Co Ltd (ADD) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.

Color Star Technology Co Ltd (NASDAQ: ADD) Ownership Details

I will give a breakdown of the key shareholders in Color Star Technology Co Ltd (ADD). Recent figures show that the company’s insiders hold 4.47% of shares. A total of 11 institutional investors hold shares in the company, making 1.70% of its stock and 1.78% of its float.

Sep 30, 2024, it was reported that the Company’s largest institutional holder is Jane Street Group, LLC holding total of 3.25 shares that make 0.01% of the company’s total number of shares and are currently priced at 4906.0.

The securities firm UBS Group AG holds 990.0 shares of ADD, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.00%, and the holding percentage of shares is valued at 1494.0.

An overview of Color Star Technology Co Ltd’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Color Star Technology Co Ltd (ADD) traded 3,941,276 shares per day, with a moving average of $1.8815 and price change of -0.5900. With the moving average of $3.3173 and a price change of -12.5100, about 2,040,535 shares changed hands on average over the past 50 days. Finally, ADD’s 100-day average volume is 1,033,617 shares, alongside a moving average of $31.5896 and a price change of -60.4100.

Related Posts