Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
PTL Ltd (NASDAQ: PTLE) closed the day trading at $0.17 up 7.91% from the previous closing price of $0.16. In other words, the price has increased by $7.91 from its previous closing price. On the day, 2.11 million shares were traded. PTLE stock price reached its highest trading level at $0.1717 during the session, while it also had its lowest trading level at $0.155.
Ratios:
For a better understanding of PTLE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.00 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, PTLE now has a Market Capitalization of 6391618 and an Enterprise Value of 1634986. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 80.81. Its current Enterprise Value per Revenue stands at 0.017.
Stock Price History:
The Beta on a monthly basis for PTLE is -0.50, which has changed by -0.9579853 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, PTLE has reached a high of $15.78, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -8.23%, while the 200-Day Moving Average is calculated to be -88.69%.
Shares Statistics:
Over the past 3-months, PTLE traded about 2.12M shares per day on average, while over the past 10 days, PTLE traded about 6304790 shares per day. A total of 37.49M shares are outstanding, with a floating share count of 6.68M. Insiders hold about 82.19% of the company’s shares, while institutions hold 0.19% stake in the company. Shares short for PTLE as of 1759190400 were 280165 with a Short Ratio of 0.13, compared to 1756425600 on 544069. Therefore, it implies a Short% of Shares Outstanding of 280165 and a Short% of Float of 1.87.
