While Ten League International Holdings Ltd has overperformed by 17.97%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TLIH fell by -86.59%, with highs and lows ranging from $7.00 to $0.42, whereas the simple moving average fell by -58.84% in the last 200 days.
Analysis of Ten League International Holdings Ltd (TLIH)
Further, the quarter-over-quarter increase in sales is 23.78%, showing a positive trend in the upcoming months.
One of the most important indicators of Ten League International Holdings Ltd’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.45, 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.
For any stock, average volume can also provide valuable insight into volatility, and TLIH is recording 916.71K average volume. On a monthly basis, the volatility of the stock is set at 10.50%, whereas on a weekly basis, it is put at 15.01%, with a gain of 12.33% over the past seven days.
How Do You Analyze Ten League International Holdings Ltd Shares?
The Industrial Distribution market is dominated by Ten League International Holdings Ltd (TLIH) based in the Singapore. When comparing Ten League International Holdings Ltd shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.08, there is a growth in quarterly earnings of 297.55%.
Along with the fundamentals, it is also important to consider how many employees own shares of 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 83.12%. This can enable you to see the extent to which executives own the company’s stock.
