Shares of SGOCO Group Ltd (NASDAQ:SGOC) traded at a new 52-week high today of $25.14. This new high was reached on above average trading volume as 12 million shares traded hands, while the average 30-day volume is approximately 4.5 million shares.
SGOCO Group Ltd is engaged in diversified businesses. The company’s operating segment includes LCD/LED products; Green energy products and services; VR products and services; Money lending services; Property lease and management and Financial technology solutions and services. It generates maximum revenue from the Money lending services segment. Geographically, it derives a majority of revenue from Hong Kong.
In the past 52 weeks, SGOCO Group Ltd share prices are bracketed by a low of $0.77 and a high of $25.14 and is now at $23.50, 2,952% above that low price.
Based on a current price of $23.50, SGOCO Group Ltd is currently 89.3% above its average consensus analyst price target of $2.52.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer