Examining Movella Holdings Inc. (MVLA)’s cash flow and debt position

In the latest session, Movella Holdings Inc. (NASDAQ: MVLA) closed at $2.39 up 36.57% from its previous closing price of $1.75. In other words, the price has increased by $+0.6400 from its previous closing price. On the day, 7658232 shares were traded. MVLA stock price reached its highest trading level at $2.4300 during the session, while it also had its lowest trading level at $1.6014.

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For a deeper understanding of Movella Holdings Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.00 and its Current Ratio is at 0.00. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 19 when SMITH STEPHEN M bought 20,978 shares for $1.55 per share. The transaction valued at 32,495 led to the insider holds 38,476 shares of the business.

SMITH STEPHEN M bought 17,498 shares of MVLA for $26,317 on May 18. The Chief Financial Officer now owns 17,498 shares after completing the transaction at $1.50 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MVLA now has a Market Capitalization of 74.32M and an Enterprise Value of 59.03M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at -173.11 whereas that against EBITDA is 4.43.

Stock Price History:

Over the past 52 weeks, MVLA has reached a high of $10.76, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 1.5042, while the 200-Day Moving Average is calculated to be 7.1202.

Shares Statistics:

For the past three months, MVLA has traded an average of 842.59K shares per day and 1.63M over the past ten days. A total of 40.62M shares are outstanding, with a floating share count of 33.79M. Insiders hold about 25.98% of the company’s shares, while institutions hold 104.99% stake in the company. Shares short for MVLA as of May 14, 2023 were 618.66k with a Short Ratio of 0.56M, compared to 275.72k on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.22% and a Short% of Float of 1.92%.

Earnings Estimates

There are 1 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.

Analysts are recommending an EPS of between -$0.17 and -$0.17 for the fiscal current year, implying an average EPS of -$0.17. EPS for the following year is $0.03, with 1 analysts recommending between $0.03 and $0.03.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $59.8M in the next fiscal year. The high estimate is $59.8M and the low estimate is $59.8M. The average revenue growth estimate for next year is up 30.60% from the average revenue estimate for this year.