Quarterly Snapshot: Quick and Current Ratios for Solowin Holdings (AXG)

Abby Carey

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The closing price of Solowin Holdings (NASDAQ: AXG) was $3.6 for the day, up 5.26% from the previous closing price of $3.42. In other words, the price has increased by $5.26 from its previous closing price. On the day, 1.13 million shares were traded. AXG stock price reached its highest trading level at $3.6 during the session, while it also had its lowest trading level at $3.32.

Ratios:

Our analysis of AXG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXG now has a Market Capitalization of 673911296 and an Enterprise Value of 56570000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1871.99 while its Price-to-Book (P/B) ratio in mrq is 97.56. Its current Enterprise Value per Revenue stands at 17.06.

Stock Price History:

The Beta on a monthly basis for AXG is -0.63, which has changed by 0.23243248 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, AXG has reached a high of $5.09, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 7.84%, while the 200-Day Moving Average is calculated to be 51.56%.

Shares Statistics:

AXG traded an average of 934.86K shares per day over the past three months and 1222690 shares per day over the past ten days. A total of 187.20M shares are outstanding, with a floating share count of 92.37M. Insiders hold about 50.65% of the company’s shares, while institutions hold 0.14% stake in the company. Shares short for AXG as of 1759190400 were 1395074 with a Short Ratio of 1.52, compared to 1756425600 on 467090. Therefore, it implies a Short% of Shares Outstanding of 1395074 and a Short% of Float of 0.97.

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