Treasure Global Inc. (NASDAQ:TGL) shares traded 13.26% higher at $2.05 on Wall Street last session.
TGL stock price is now 11.67% away from the 50-day moving average and -20.92% away from the 200-day moving average. The market capitalization of the company currently stands at $36.24M.
In other news, HOO VOON HIM, Director sold 1,702,899 shares of the company’s stock on Jan 03. The stock was sold for $1,046,431 at an average price of $0.61. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15, Director HOO VOON HIM bought 202,899 shares of the business’s stock. A total of $811,596 was incurred on buying the stock at an average price of $4.00. This leaves the insider owning 1,702,899 shares of the company worth $3.49 million. A total of 35.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TGL stock. A new stake in Treasure Global Inc. shares was purchased by MARSHALL WACE, LLP during the first quarter worth $69,000. MILLENNIUM MANAGEMENT LLC invested $52,000 in shares of TGL during the first quarter. In the first quarter, KCL CAPITAL, L.P. acquired a new stake in Treasure Global Inc. valued at approximately $51,000. JANE STREET GROUP, LLC acquired a new stake in TGL for approximately $46,000. BLACKROCK INC. purchased a new stake in TGL valued at around $14,000 in the second quarter. In total, there are 1 active investors with 0.70% ownership of the company’s stock.
Treasure Global Inc. (NASDAQ: TGL) opened at $1.8800 on Tuesday. During the past 12 months, Treasure Global Inc. has had a low of $1.51 and a high of $19.80. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 6.30, and a quick ratio of 6.20. The fifty day moving average price for TGL is $1.8358 and a two-hundred day moving average price translates $2.5924 for the stock.
The latest earnings results from Treasure Global Inc. (NASDAQ: TGL) was released for Mar, 2022. The company reported revenue of $15.56 million for the quarter, compared to $30.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -49.18 percent.
Treasure Global Inc.(TGL) Company Profile
Treasure Global Inc. designs and develops a Malaysian e-commerce platform that helps subscribers to connect with local merchants by offer activities, travel, goods, services and rewards. The company offers z-city, a cross profit-sharing platform that allows business owners to promote their product, increase their network, and reap the profits and rewards. Treasure Global Inc. was founded in 2020 and is based in New York, New York.