Deeper Dive: Understanding Fermi Inc (FRMI) Through its Various Ratios

Kevin Freeman

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.

The price of Fermi Inc (NASDAQ: FRMI) closed at $28.5 in the last session, down -3.68% from day before closing price of $29.59. In other words, the price has decreased by -$3.68 from its previous closing price. On the day, 4.31 million shares were traded. FRMI stock price reached its highest trading level at $31.0 during the session, while it also had its lowest trading level at $27.8001.

Ratios:

We take a closer look at FRMI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.54 and its Current Ratio is at 2.54. 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, FRMI now has a Market Capitalization of 17685133312.

Stock Price History:

Over the past 52 weeks, FRMI has reached a high of $36.99, while it has fallen to a 52-week low of $24.30. The 50-Day Moving Average of the stock is -0.55%, while the 200-Day Moving Average is calculated to be -0.55%.

Shares Statistics:

According to the various share statistics, FRMI traded on average about 11.63M shares per day over the past 3-months and 11634940 shares per day over the past 10 days. A total of 592.80M shares are outstanding, with a floating share count of 298.66M.

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