Sung Gang (Taiwan) Today

6240 Stock  TWD 20.35  0.75  3.55%   

Performance

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Odds Of Distress

Less than 33

 
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Sung Gang is selling for under 20.35 as of the 2nd of January 2025; that is 3.55 percent decrease since the beginning of the trading day. The stock's lowest day price was 20.3. Sung Gang has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 13th of January 2023 and ending today, the 2nd of January 2025. Click here to learn more.
Sung Gang Asset Management Corp.Limited primarily provides various IT books in Taiwan. The company was founded in 1997 and is headquartered in Taipei City, Taiwan. SUNG GANG operates under Publishing classification in Taiwan and is traded on Taiwan OTC Exchange. The company has 22.87 M outstanding shares. More on Sung Gang Asset

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Follow Valuation Odds of Bankruptcy
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Sung Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sung Gang's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sung Gang or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationPublishing, Consumer Cyclical (View all Sectors)
Sung Gang Asset (6240) is traded on Taiwan OTC Exchange in Taiwan and employs 14 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 426.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sung Gang's market, we take the total number of its shares issued and multiply it by Sung Gang's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sung Gang Asset operates under Consumer Cyclical sector and is part of Publishing industry. The entity has 22.87 M outstanding shares. Sung Gang Asset has accumulated about 186.03 M in cash with (3.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.08.
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Ownership Allocation
Sung Gang Asset shows a total of 22.87 Million outstanding shares. Sung Gang Asset has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.32 % of Sung Gang outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Sung Gang Asset Risk Profiles

Although Sung Gang's alpha and beta are two of the key measurements used to evaluate Sung Gang's performance over the market, the standard measures of volatility play an important role as well.

Sung Stock Against Markets

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When running Sung Gang's price analysis, check to measure Sung Gang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sung Gang is operating at the current time. Most of Sung Gang's value examination focuses on studying past and present price action to predict the probability of Sung Gang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sung Gang's price. Additionally, you may evaluate how the addition of Sung Gang to your portfolios can decrease your overall portfolio volatility.