NEW YORK, USA – Shares of Treasure Global Inc. (NASDAQ: TGL) are experiencing a meteoric rise in early trading on the Nasdaq Capital Market today. The stock has captured significant investor attention, demonstrating extreme volatility shortly after the opening bell.
As of 9:54 AM EDT, TGL stock was trading at 1.7299, or +83.1683%, from its previous close of $2.0800. Trading activity has been exceptionally high, with volume already exceeding 55.3 million shares. This dwarfs the stock’s average trading volume of approximately 354,366 shares, indicating intense interest and rapid turnover.
The stock opened the session significantly higher at $3.6900 and has since traded within a day’s range of $3.4200 to $4.4000. This substantial upward movement places the current price well above its previous close, although it remains significantly below its wide 52-week range high of $300.0000 (the low being $1.7100).
With an intraday market capitalization hovering around $6.14 million, Treasure Global remains a relatively small-cap stock, often prone to sharper price swings on significant volume changes. Other reported metrics include a trailing twelve months (TTM) PE Ratio of 0.14 and an EPS (TTM) of 26.5000.
The bid-ask spread currently shows bids at $3.6800 (x 100 shares) and asks at $3.9100 (x 100 shares), reflecting the ongoing price discovery amidst the heightened activity. Investors and market watchers are closely monitoring TGL’s performance as trading progresses throughout the day.
