Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Trident Digital Tech Holdings Ltd. ADR (NASDAQ: TDTH) closed the day trading at $1.07 down -6.96% from the previous closing price of $1.15. In other words, the price has decreased by -$6.96 from its previous closing price. On the day, 1.98 million shares were traded. TDTH stock price reached its highest trading level at $1.16 during the session, while it also had its lowest trading level at $0.9621.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TDTH now has a Market Capitalization of 88458616 and an Enterprise Value of 660624384. For the stock, the TTM Price-to-Sale (P/S) ratio is 216.05. Its current Enterprise Value per Revenue stands at 1419.37 whereas that against EBITDA is -82.493.
Stock Price History:
The Beta on a monthly basis for TDTH is 7.70, which has changed by -0.7108108 over the last 52 weeks, in comparison to a change of 0.17089343 over the same period for the S&P500. Over the past 52 weeks, TDTH has reached a high of $4.47, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 12.15%, while the 200-Day Moving Average is calculated to be 7.19%.
Shares Statistics:
Over the past 3-months, TDTH traded about 6.82M shares per day on average, while over the past 10 days, TDTH traded about 982600 shares per day. Shares short for TDTH as of 1756425600 were 589492 with a Short Ratio of 0.09, compared to 1753920000 on 882075. Therefore, it implies a Short% of Shares Outstanding of 589492 and a Short% of Float of 2.12.
