Glory Star New Media Group Holdings Limited Shares Fall 2.4% Below Previous 52-Week Low - Market Mover
The shares fell 2.4% lower than its previous 52-week low of $1.25, with trading volume higher than its 30 day average
Dec 29, 2021 by Kwhen Finance Editors
Glory Star New Media Group Holdings Limited (GSMG) shares closed 2.4% lower than its previous 52 week low, giving the company a market cap of $89M. The stock is currently down 52.0% year-to-date, down 49.8% over the past 12 months, and down 86.1% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.9%.
Trading Activity
- Trading volume this week was 89.8% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.5.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Glory Star New Media Group Holdings Limited | -7.6 | -52.0 | -49.8 | -72.8 | 5.6 |
| Dow Jones Industrial Average | 0.3 | 20.7 | 22.2 | -1.2 | 22.6 |
| S&P 500 Index | -0.1 | 29.4 | 31.1 | -1.1 | 31.1 |
| Financials | -0.1 | 32.4 | 35.1 | -3.4 | 36.0 |
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