For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.64 in the prior trading day, Electra Battery Materials Corp (NASDAQ: ELBM) closed at $2.25, up 37.20%. In other words, the price has increased by $37.20 from its previous closing price. On the day, 5.91 million shares were traded. ELBM stock price reached its highest trading level at $2.39 during the session, while it also had its lowest trading level at $1.68.
Ratios:
Our goal is to gain a better understanding of ELBM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.05. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 0.18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELBM now has a Market Capitalization of 40414888 and an Enterprise Value of 108147888.
Stock Price History:
The Beta on a monthly basis for ELBM is 2.41, which has changed by -0.07786888 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, ELBM has reached a high of $2.60, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 107.83%, while the 200-Day Moving Average is calculated to be 81.07%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 5287920 shares per day over the last 10 days, according to various share statistics. A total of 17.96M shares are outstanding, with a floating share count of 17.70M. Insiders hold about 1.46% of the company’s shares, while institutions hold 4.91% stake in the company. Shares short for ELBM as of 1757894400 were 1404018 with a Short Ratio of 1.25, compared to 1755216000 on 193488. Therefore, it implies a Short% of Shares Outstanding of 1404018 and a Short% of Float of 7.93.
Earnings Estimates
The dynamic stock of Electra Battery Materials Corp (ELBM) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.25 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$0.24 and -$0.24 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is -$0.48, with 1.0 analysts recommending between -$0.48 and -$0.48.
