Is Luokung Technology Corp. (NASDAQ:LKCO) an excellent stock to buy at the moment?

After finishing at $0.18 in the prior trading day, Luokung Technology Corp. (NASDAQ: LKCO) closed at $0.18, up 2.97%. In other words, the price has increased by $+0.0053 from its previous closing price. On the day, 1254451 shares were traded. LKCO stock price reached its highest trading level at $0.1850 during the session, while it also had its lowest trading level at $0.1790.

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Our goal is to gain a better understanding of LKCO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.57.

Stock Price History:

Over the past 52 weeks, LKCO has reached a high of $0.92, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 0.1790, while the 200-Day Moving Average is calculated to be 0.2895.

Shares Statistics:

The stock has traded on average 1.89M shares per day over the past 3-months and 1.52M shares per day over the last 10 days, according to various share statistics. A total of 392.32M shares are outstanding, with a floating share count of 256.08M. Insiders hold about 46.50% of the company’s shares, while institutions hold 1.50% stake in the company. Shares short for LKCO as of Oct 13, 2022 were 6.45M with a Short Ratio of 5.58M, compared to 6.77M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.51% and a Short% of Float of 1.68%.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.