text: Market cap of Takung Art Co. Ltd. [TKAT] reaches 226.54M – now what? – The DBT News
  Takung Art Co. Ltd. [AMEX: TKAT] stock went on a downward path that fall over -11.53% on Wednesday, amounting to a one-week price increase of more than 19.90%.
  Over the last 12 months, TKAT stock rose by 1368.75%. The one-year Takung Art Co. Ltd. stock forecast points to a potential downside of -276.0.
  The market cap for the stock reached $226.54 million, with 11.27 million shares outstanding and 6.42 million shares in the current float. Compared to the average trading volume of 5.13M shares, TKAT stock reached a trading volume of 2378733 in the most recent trading day, which is why market watchdogs consider the stock to be active.
  The Average True Range (ATR) for Takung Art Co. Ltd. is set at 4.10, with the Price to Sales ratio for TKAT stock in the period of the last 12 months amounting to 53.94. The Price to Book ratio for the last quarter was 40.87, with the Price to Cash per share for the same quarter was set at 0.37.
  Takung Art Co. Ltd. [TKAT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.90. With this latest performance, TKAT shares dropped by -35.28% in over the last four-week period, additionally plugging by 1593.69% over the last 6 months – not to mention a rise of 1368.75% in the past year of trading.
  Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TKAT stock in for the last two-week period is set at 44.99, with the RSI for the last a single of trading hit 45.38, and the three-weeks RSI is set at 46.29 for Takung Art Co. Ltd. [TKAT]. The present Moving Average for the last 50 days of trading for this stock 27.03, while it was recorded at 18.84 for the last single week of trading, and 8.64 for the last 200 days.