Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
MicroAlgo Inc (NASDAQ: MLGO) closed the day trading at $12.11 up 5.76% from the previous closing price of $11.45. In other words, the price has increased by $5.76 from its previous closing price. On the day, 2.32 million shares were traded. MLGO stock price reached its highest trading level at $13.6 during the session, while it also had its lowest trading level at $11.77.
Ratios:
For a better understanding of MLGO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.50. For the most recent quarter (mrq), Quick Ratio is recorded 33.05 and its Current Ratio is at 33.05. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLGO now has a Market Capitalization of 132502352 and an Enterprise Value of -2099738112. As of this moment, MicroAlgo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.76. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at -4.781 whereas that against EBITDA is -81.774.
Stock Price History:
The Beta on a monthly basis for MLGO is -1.50, which has changed by -0.9000825 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, MLGO has reached a high of $972.00, while it has fallen to a 52-week low of $7.82. The 50-Day Moving Average of. The Stock is 8.67%, while the 200-Day Moving Average is calculated to be -87.81%.
Shares Statistics:
Over the past 3-months, MLGO traded about 738.44K shares per day on average, while over the past 10 days, MLGO traded about 912080 shares per day. A total of 10.94M shares are outstanding, with a floating share count of 10.88M. Insiders hold about 0.56% of the company’s shares, while institutions hold 1.18% stake in the company. Shares short for MLGO as of 1756425600 were 658236 with a Short Ratio of 0.89, compared to 1753920000 on 509819. Therefore, it implies a Short% of Shares Outstanding of 658236 and a Short% of Float of 6.0500003.
