Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Inno Holdings Inc (NASDAQ: INHD) closed the day trading at $1.6 down -29.20% from the previous closing price of $2.26. In other words, the price has decreased by -$29.20 from its previous closing price. On the day, 3.01 million shares were traded. INHD stock price reached its highest trading level at $2.27 during the session, while it also had its lowest trading level at $1.5.
Ratios:
For a better understanding of INHD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.55 and its Current Ratio is at 8.89. 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, INHD now has a Market Capitalization of 19893572 and an Enterprise Value of 8062282. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.64 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 3.047 whereas that against EBITDA is -1.348.
Stock Price History:
The Beta on a monthly basis for INHD is -2.08, which has changed by -0.70909095 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, INHD has reached a high of $19.78, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is -44.99%, while the 200-Day Moving Average is calculated to be -57.56%.
Shares Statistics:
Over the past 3-months, INHD traded about 5.78M shares per day on average, while over the past 10 days, INHD traded about 892760 shares per day. A total of 7.75M shares are outstanding, with a floating share count of 7.61M. Insiders hold about 37.32% of the company’s shares, while institutions hold 1.28% stake in the company. Shares short for INHD as of 1756425600 were 1093397 with a Short Ratio of 0.19, compared to 1753920000 on 182496. Therefore, it implies a Short% of Shares Outstanding of 1093397 and a Short% of Float of 15.83.
