MicroAlgo Plunges 14.91% on Reverse Stock Split

Before the BellFriday, Jun 13, 2025 9:09 am ET

1min read

On June 13, 2025, MicroAlgo's stock experienced a significant drop of 14.91% in pre-market trading, reflecting a notable decline in investor sentiment.

MicroAlgo, Inc. recently announced a 1-for-20 reverse stock split, which means shareholders will now hold one share for every 20 shares they previously owned. This move is part of the company's broader strategy to consolidate its shares and increase the par value, followed by a substantial increase in authorized share capital.

Technical analysis of MicroAlgo's stock indicates a predominantly bearish outlook. The Moving Averages Convergence Divergence (MACD) indicator is at -1.13, suggesting a sell signal. Additionally, the 20-day and 50-day exponential moving averages are both significantly higher than the current share price, further reinforcing the sell sentiment. The Relative Strength Index (RSI) stands at 33.93, indicating a neutral signal, while the Price Rate of Change (ROC) is at -26.75, suggesting a sell.

Despite some technical indicators showing a buy signal, such as the Trend Strength Indicator (ADX) at 8.91 and the Williams %R at -88.62, the overall consensus remains bearish. This technical analysis, combined with the recent corporate actions, has likely contributed to the significant drop in MicroAlgo's stock price.

Comments

﻿

Add a public comment...

No comments yet

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.