MicroAlgo MLGO surges 61.37% in trading volume to 11.85 billion ranking 71st in daily volume

On March 31, 2025, MicroAlgo (MLGO) saw a significant surge in trading volume, reaching 11.85 billion, a 61.37% increase from the previous day. This placed MLGO at the 71st position in terms of trading volume for the day. The stock price of MLGO rose by 39.77%, marking its third consecutive day of gains and a total increase of 104.47% over the past three days.

MLGO's volatility has been a notable characteristic, with its weekly volatility increasing from 140% to 186% over the past year. This high level of volatility was evident in today's trading session, where the stock experienced significant fluctuations, peaking 15% higher before closing 15% lower.

Analysts maintain a moderate outlook for MLGO, with a 'Buy' recommendation contingent on prospective resolutions and upcoming earnings results. Despite the volatility, there is a Street-high price target of $38, implying a potential 35.28% upside after the company's Q4 earnings report.