VCI Global (VCIG) Stock Price, News & Analysis

Company Overview

VCI Global Limited, together with its subsidiaries, provides business and technology consulting services in Malaysia. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy. It also provides technology consultancy services and solutions, such as digital development, fintech solution, and software solutions. In addition, the company engages in corporate and business advisory services in corporate finance, corporate structuring and restructuring, equity investment, and merger and acquisition; listings on recognized stock exchanges; fintech advisory; technology development; and computer software programming. Further, it is involved in provision of artificial intelligence; image processing; communication; networking and process control software services; money lending services; education and training services; real estate management consultancy services; and leasing and operational management of resort properties. The company serves its products to small-medium enterprises and government-linked agencies, as well as to publicly traded conglomerates across various industries. VCI Global Limited was founded in 2013 and is headquartered in Kuala Lumpur, Malaysia.

Key Stats

• Today's Range: $1.50 to $1.68
• 50-Day Range: $1.49 to $5.05
• 52-Week Range: $1.38 to $115.15
• Volume: 1.10 million shs
• Average Volume: 1.72 million shs
• Market Capitalization: $20.14 million
• P/E Ratio: 4.74
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

VCI Global Stock Analysis - MarketRank™

VCI Global scored higher than 23% of companies evaluated by MarketBeat, and ranked 270th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for VCI Global.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of VCI Global is 4.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of VCI Global is 4.74, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.29.

Price to Book Value per Share Ratio

VCI Global has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

28.63% of the float of VCI Global has been sold short.

Short Interest Ratio / Days to Cover

VCI Global has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in VCI Global has recently increased by 441.17%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

VCI Global does not currently pay a dividend.

Dividend Growth

VCI Global does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of VCI Global is 2.94%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

28.63% of the float of VCI Global has been sold short.

Short Interest Ratio / Days to Cover

VCI Global has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in VCI Global has recently increased by 441.17%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.40

News Sentiment

VCI Global has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for VCI Global this week, compared to 1 article on an average week.

Search Interest

15 people have searched for VCIG on MarketBeat in the last 30 days. This is an increase of 1,400% compared to the previous 30 days.

MarketBeat Follows

2 people have added VCI Global to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, VCI Global insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.20% of the stock of VCI Global is held by institutions.

VCIG Stock Analysis - Frequently Asked Questions

How have VCIG shares performed this year?

VCI Global's stock was trading at $110.74 at the start of the year. Since then, VCIG stock has decreased by 98.5% and is now trading at $1.61.
View the best growth stocks for 2024 here.

When did VCI Global's stock split?

VCI Global's stock reverse split on Tuesday, November 5th 2024. The 1-49 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the closing bell on Monday, November 4th 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

When did VCI Global IPO?

VCI Global (VCIG) raised $8 million in an initial public offering (IPO) on Thursday, April 13th 2023. The company issued 1,600,000 shares at a price of $4.00-$6.00 per share. Boustead Securities and Sutter Securities acted as the underwriters for the IPO.

How do I buy shares of VCI Global?

Shares of VCIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of VCI Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that VCI Global investors own include ARMOUR Residential REIT (ARR), Hycroft Mining (HYMC), AT&T (T), Faraday Future Intelligent Electric (FFIE), Jiuzi (JZXN), Plug Power (PLUG) and Taseko Mines (TGB).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Facilities support services
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:VCIG
• CUSIP: N/A
• CIK: 1930510
• Web: v-capital.co
• Phone: 60-3-7717-3089
• Fax: N/A
• Employees: 102
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 4.74
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.58
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $111.09 million
• Price / Sales: 0.18
• Cash Flow: $8.47 per share
• Price / Cash Flow: 0.19
• Book Value: $26.11 per share
• Price / Book: 0.06

Miscellaneous

• Outstanding Shares: 12,509,000
• Free Float: N/A
• Market Cap: $20.14 million
• Optionable: Not Optionable
• Beta: 1.17