Shares of MicroAlgo Inc. (NASDAQ:MLGO – Get Free Report) were up 8.8% on Monday . The stock traded as high as $0.27 and last traded at $0.25. Approximately 42,074,156 shares traded hands during mid-day trading, an increase of 328% from the average daily volume of 9,840,512 shares. The stock had previously closed at $0.23.
MicroAlgo Price Performance
The business has a 50 day moving average price of $0.66 and a 200-day moving average price of $3.10.
About MicroAlgo
MicroAlgo Inc develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services.
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