How to interpret Treasure Global Inc (TGL)’s stock chart patterns

While Treasure Global Inc has underperformed by -1.23%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TGL fell by -95.96%, with highs and lows ranging from $168.00 to $3.11, whereas the simple moving average fell by -83.92% in the last 200 days.

Analysis of Treasure Global Inc (TGL)

Further, the quarter-over-quarter decrease in sales is -67.16%, showing a negative trend in the upcoming months.

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In order to gain a clear picture of Treasure Global Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -212.70% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.84, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

An average volume of 723.04K can be a very valuable indicator of volatility for TGL stock. On a monthly basis, the volatility of the stock is set at 17.21%, whereas on a weekly basis, it is put at 8.79%, with a loss of -9.87% over the past seven days.

How Do You Analyze Treasure Global Inc Shares?

In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 28.89%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 13.84% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

TGL shares are owned by institutional investors to the tune of 13.84% at present.

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