Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of VCI Global Ltd (NASDAQ: VCIG) was $0.75 for the day, down -3.76% from the previous closing price of $0.78. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 1.67 million shares were traded. VCIG stock price reached its highest trading level at $0.7956 during the session, while it also had its lowest trading level at $0.75.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 13 ’25 when HONG KHAY KUAN bought 30,065 shares for $1.00 per share.
Hong Khay Kuan bought 630,362 shares of VCIG for $78,165 on Sep 27 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VCIG now has a Market Capitalization of 23397508 and an Enterprise Value of -32823536. Its current Enterprise Value per Revenue stands at -0.264 whereas that against EBITDA is -0.893.
Stock Price History:
The Beta on a monthly basis for VCIG is 1.76, which has changed by -0.9958965 over the last 52 weeks, in comparison to a change of 0.14460516 over the same period for the S&P500. Over the past 52 weeks, VCIG has reached a high of $248.92, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -45.38%, while the 200-Day Moving Average is calculated to be -95.07%.
Shares Statistics:
VCIG traded an average of 5.38M shares per day over the past three months and 11325630 shares per day over the past ten days. A total of 31.10M shares are outstanding, with a floating share count of 30.11M. Insiders hold about 3.18% of the company’s shares, while institutions hold 0.18% stake in the company. Shares short for VCIG as of 1753920000 were 1049758 with a Short Ratio of 0.20, compared to 1751241600 on 349370. Therefore, it implies a Short% of Shares Outstanding of 1049758 and a Short% of Float of 4.1100003.
