NFT Gaming Company Inc (NASDAQ: NFTG) kicked off on November 20, 2023, at the price of $0.3197, up 17.85% from the previous trading day. During the day, the shares moved up to $0.3999 and dropped to $0.315 before settling in for the closing price of $0.32. Over the past 52 weeks, NFTG has traded in a range of $0.27-$5.15.
With a float of $9.30 million, this company’s outstanding shares have now reached $12.10 million.
The extent of productivity of a business whose workforce counts for 3 workers is very important to gauge.
NFT Gaming Company Inc (NFTG) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Electronic Gaming & Multimedia Industry. The insider ownership of NFT Gaming Company Inc is 22.46%, while institutional ownership is 4.23%. The most recent insider transaction that took place on Jun 22, was worth 1,817. In this transaction CEO & Chairman of this company bought 2,750 shares at a rate of $0.66, taking the stock ownership to the 2,674,423 shares. Before that another transaction happened on May 17, when Company’s CEO & Chairman bought 2,500 for $1.00, making the entire transaction worth $2,500. This insider now owns 2,671,673 shares in total.
NFT Gaming Company Inc (NFTG) Performance Highlights and Predictions
This company achieved a return on equity of -101.78.
NFT Gaming Company Inc (NASDAQ: NFTG) Trading Performance Indicators
Take a look at NFT Gaming Company Inc’s (NFTG) current performance indicators. Last quarter, stock had a quick ratio of 21.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30
Technical Analysis of NFT Gaming Company Inc (NFTG)
The latest stats from [NFT Gaming Company Inc, NFTG] show that its last 5-days average volume of 0.5 million was inferior to 0.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.02%. Additionally, its Average True Range was 0.07.
During the past 100 days, NFT Gaming Company Inc’s (NFTG) raw stochastic average was set at 8.54%, which indicates a significant decrease from 72.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 129.05% in the past 14 days, which was lower than the 177.51% volatility it showed in the past 100 days.
Now, the first resistance to watch is $0.4169. This is followed by the second major resistance level at $0.4509. The third major resistance level sits at $0.5018. If the price goes on to break the first support level at $0.3320, it is likely to go to the next support level at $0.2811. Assuming the price breaks the second support level, the third support level stands at $0.2471.
NFT Gaming Company Inc (NASDAQ: NFTG) Key Stats
The company with the Market Capitalisation of 4.60 million has total of 12,073K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -1,420 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -750 K.