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.
Huachen AI Parking Management Technology Holding Co. Ltd (NASDAQ: HCAI) closed the day trading at $0.58 down -11.53% from the previous closing price of $0.66. In other words, the price has decreased by -$11.53 from its previous closing price. On the day, 0.85 million shares were traded. HCAI stock price reached its highest trading level at $0.6819 during the session, while it also had its lowest trading level at $0.5716.
Ratios:
For a better understanding of HCAI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HCAI now has a Market Capitalization of 19566300 and an Enterprise Value of 43130204. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.053 whereas that against EBITDA is 14.022.
Stock Price History:
Over the past 52 weeks, HCAI has reached a high of $10.97, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -17.53%, while the 200-Day Moving Average is calculated to be -85.18%.
Shares Statistics:
Over the past 3-months, HCAI traded about 834.19K shares per day on average, while over the past 10 days, HCAI traded about 1407050 shares per day. A total of 34.90M shares are outstanding, with a floating share count of 1.08M. Insiders hold about 96.79% of the company’s shares, while institutions hold 0.05% stake in the company. Shares short for HCAI as of 1756425600 were 127003 with a Short Ratio of 0.15, compared to 1753920000 on 161373. Therefore, it implies a Short% of Shares Outstanding of 127003 and a Short% of Float of 0.86.
