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The closing price of Paranovus Entertainment Technology Ltd (NASDAQ: PAVS) was $0.66 for the day, down -35.57% from the previous closing price of $1.03. In other words, the price has decreased by -$35.57 from its previous closing price. On the day, 3.1 million shares were traded. PAVS stock price reached its highest trading level at $0.98 during the session, while it also had its lowest trading level at $0.4622.
Ratios:
Our analysis of PAVS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAVS now has a Market Capitalization of 68876024 and an Enterprise Value of 46768652. For the stock, the TTM Price-to-Sale (P/S) ratio is 638.42 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 653.723 whereas that against EBITDA is -24.371.
Stock Price History:
The Beta on a monthly basis for PAVS is -0.35, which has changed by -0.04184705 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, PAVS has reached a high of $1.50, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is -22.21%, while the 200-Day Moving Average is calculated to be -40.26%.
Shares Statistics:
PAVS traded an average of 249.11K shares per day over the past three months and 600560 shares per day over the past ten days. A total of 66.72M shares are outstanding, with a floating share count of 6.72M. Insiders hold about 90.01% of the company’s shares, while institutions hold 0.11% stake in the company. Shares short for PAVS as of 1759190400 were 205702 with a Short Ratio of 0.83, compared to 1756425600 on 1258. Therefore, it implies a Short% of Shares Outstanding of 205702 and a Short% of Float of 0.31.
