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.
Xunlei Ltd ADR (NASDAQ: XNET) closed the day trading at $8.42 down -0.24% from the previous closing price of $8.44. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 0.55 million shares were traded. XNET stock price reached its highest trading level at $8.44 during the session, while it also had its lowest trading level at $8.01.
Ratios:
For a better understanding of XNET, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XNET now has a Market Capitalization of 526744544 and an Enterprise Value of 2427828736. As of this moment, Xunlei’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 6.823 whereas that against EBITDA is 388.577.
Stock Price History:
The Beta on a monthly basis for XNET is 0.96, which has changed by 3.5513515 over the last 52 weeks, in comparison to a change of 0.1529237 over the same period for the S&P500. Over the past 52 weeks, XNET has reached a high of $8.80, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is 31.49%, while the 200-Day Moving Average is calculated to be 88.06%.
Shares Statistics:
Over the past 3-months, XNET traded about 987.91K shares per day on average, while over the past 10 days, XNET traded about 1035330 shares per day. A total of 62.56M shares are outstanding, with a floating share count of 61.46M. Insiders hold about 1.75% of the company’s shares, while institutions hold 5.49% stake in the company. Shares short for XNET as of 1757894400 were 1702092 with a Short Ratio of 1.72, compared to 1755216000 on 1305608. Therefore, it implies a Short% of Shares Outstanding of 1702092 and a Short% of Float of 5.37.
