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Scage Future Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globe Newswire (Thu, 18-Jun 4:45 PM ET)
Scage Future is a zero-emission solution provider in China, focusing on the development and commercialization of heavy-duty new energy vehicle ("NEV") trucks and e-fuel solutions. The company generates revenues principally from sales of commercial NEVs and components. The company's product line includes Dragon King, Galaxy II and Q-truck.
Scage Future - American Depositary Shares trades on the NASDAQ stock market under the symbol SCAG.
As of July 16, 2026, SCAG stock price declined to $0.32 with 246,720 million shares trading.
SCAG has a beta of -1.24, meaning it tends to be less sensitive to market movements. SCAG has a correlation of 0.01 to the broad based SPY ETF.
SCAG has a market cap of $23.57 million. This is considered a Sub-Micro Cap stock.
SCAG has underperformed the market in the last year with a price return of -95.1% while the SPY ETF gained +21.9%. SCAG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -70.8% and -20.4%, respectively, while the SPY returned +7.5% and +0.7%, respectively.
SCAG support price is $.30 and resistance is $.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SCAG shares will trade within this expected range on the day.
