SHF Holdings Inc (SHFS) surge 17.02% in a week: will this be a lucky break through?

Witnessing the stock’s movement on the chart, on Thursday, SHF Holdings Inc (NASDAQ: SHFS) set off with pace as it heaved 30.00% to $0.40, before settling in for the price of $0.31 at the close. Taking a more long-term approach, SHFS posted a 52-week range of $0.30-$1.55.

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It was noted that the giant of the Financial sector posted annual sales growth of 60.29% over the last 5 years. This publicly-traded company’s shares outstanding now amounts to $54.56 million, simultaneously with a float of $25.37 million. The organization now has a market capitalization sitting at $22.44 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4563, while the 200-day Moving Average is $0.6651.

SHF Holdings Inc (SHFS) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Banks – Regional industry. SHF Holdings Inc’s current insider ownership accounts for 54.23%, in contrast to 17.13% institutional ownership. According to the most recent insider trade that took place on Dec 14 ’23, this organization’s Chief Executive Officer bought 24,700 shares at the rate of 0.96, making the entire transaction reach 23,737 in total value, affecting insider ownership by 1,248,172. Preceding that transaction, on Dec 14 ’23, Company’s Director bought 15,000 for 0.97, making the whole transaction’s value amount to 14,584. This particular insider is now the holder of 48,000 in total.

SHF Holdings Inc (NASDAQ: SHFS) Trading Performance Indicators

Let’s observe the current performance indicators for SHF Holdings Inc (SHFS). It’s Quick Ratio in the last reported quarter now stands at 0.83. The Stock has managed to achieve an average true range (ATR) of 0.06. Alongside those numbers, its PE Ratio stands at $3.84, and its Beta score is 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.40. Similarly, its price to free cash flow for trailing twelve months is now 8.63.

In the same vein, SHFS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.10.

Technical Analysis of SHF Holdings Inc (SHFS)

Going through the that latest performance of [SHF Holdings Inc, SHFS]. Its last 5-days volume of 0.37 million indicated improvement to the volume of 77133.0 it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 24.99% While, its Average True Range was 0.0614.

Raw Stochastic average of SHF Holdings Inc (SHFS) in the period of the previous 100 days is set at 23.97%, which indicates a major fall in contrast to 55.20% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 124.56% that was higher than 93.24% volatility it exhibited in the past 100-days period.