MVST

Microvast Holdings Inc Shares Close the Day 11.2% Lower - Daily Wrap

Microvast Holdings Inc (MVST) shares closed today 11.2% lower than it did at the end of yesterday. The stock is currently down 49.8% year-to-date, down 15.0% over the past 12 months, and down 12.1% over the past five years. Today, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 rose 0.2%.

Trading Activity

  • Shares traded as high as $12.06 and as low as $8.56 this week.
  • Shares closed 65.9% below its 52-week high and 9.7% above its 52-week low.
  • Trading volume this week was 48.7% lower than the 10-day average and 65.1% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.4.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis

Per Group Comparative Performance



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    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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