Should investors be concerned about VCIG’s high price-to-sales ratio?

In the current trading session, VCI Global Ltd’s (VCIG) stock is trading at the price of $0.94, a gain of 0.80% over last night’s close. So, the stock is trading at a price that is -98.63% less than its 52-week high of $68.60 and 7.07% better than its 52-week low of $0.88. Based on the past 30-day period, the stock price is -36.41% below the high and +9.11% 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, VCIG’s SMA-200 is $13.8749.

How does VCI Global Ltd (VCIG) 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.

VCI Global Ltd (NASDAQ: VCIG) Ownership Details

I will give a breakdown of the key shareholders in VCI Global Ltd (VCIG). Recent figures show that the company’s insiders hold 5.40% of shares. A total of 6 institutional investors hold shares in the company, making 0.25% of its stock and 0.26% of its float.

Dec 31, 2024, it was reported that the Company’s largest institutional holder is Susquehanna International Group, LLP holding total of 40.0 shares that make 0.18% of the company’s total number of shares and are currently priced at 37588.0.

The securities firm Millennium Management Llc holds 14.14 shares of VCIG, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.07%, and the holding percentage of shares is valued at 13292.0.

An overview of VCI Global 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 VCI Global Ltd (VCIG) traded 3,135,525 shares per day, with a moving average of $1.0436 and price change of -0.3398. With the moving average of $1.4843 and a price change of -1.5398, about 3,946,986 shares changed hands on average over the past 50 days. Finally, VCIG’s 100-day average volume is 5,153,587 shares, alongside a moving average of $2.8363 and a price change of -6.1742.

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