Quarterly Snapshot: Quick and Current Ratios for TNL Mediagene (TNMG)

Abby Carey

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of TNL Mediagene (NASDAQ: TNMG) was $0.28 for the day, down -0.65% from the previous closing price of $0.28. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 4.66 million shares were traded. TNMG stock price reached its highest trading level at $0.298 during the session, while it also had its lowest trading level at $0.2532.

Ratios:

Our analysis of TNMG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.25.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNMG now has a Market Capitalization of 8408851. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.20.

Stock Price History:

The Beta on a monthly basis for TNMG is 1.14, which has changed by -0.975817 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, TNMG has reached a high of $34.08, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -33.60%, while the 200-Day Moving Average is calculated to be -86.78%.

Shares Statistics:

TNMG traded an average of 1.65M shares per day over the past three months and 10048600 shares per day over the past ten days. A total of 26.13M shares are outstanding, with a floating share count of 17.43M. Insiders hold about 38.39% of the company’s shares, while institutions hold 0.36% stake in the company. Shares short for TNMG as of 1744675200 were 54828 with a Short Ratio of 0.06, compared to 1741910400 on 26747.

Earnings Estimates

Analysts are recommending an EPS of between -$0.13 and -$0.13 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is $0.0, with 1.0 analysts recommending between $0.0 and $0.0.

Revenue Estimates

Based on 2 analysts’ estimates, the company’s revenue will be $74M in the next fiscal year. The high estimate is $74.29M and the low estimate is $73.7M.

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