The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Foremost Clean Energy Ltd (NASDAQ: FMST) closed the day trading at $4.3 up 10.82% from the previous closing price of $3.88. In other words, the price has increased by $10.82 from its previous closing price. On the day, 2.04 million shares were traded. FMST stock price reached its highest trading level at $4.57 during the session, while it also had its lowest trading level at $4.03.
Ratios:
For a better understanding of FMST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.99 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.02 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, FMST now has a Market Capitalization of 53335852 and an Enterprise Value of 45113416.
Stock Price History:
The Beta on a monthly basis for FMST is 1.79, which has changed by 0.43173432 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, FMST has reached a high of $5.74, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is 38.16%, while the 200-Day Moving Average is calculated to be 101.83%.
Shares Statistics:
Over the past 3-months, FMST traded about 504.36K shares per day on average, while over the past 10 days, FMST traded about 771080 shares per day. A total of 12.15M shares are outstanding, with a floating share count of 8.48M. Insiders hold about 30.40% of the company’s shares, while institutions hold 0.74% stake in the company. Shares short for FMST as of 1759190400 were 61327 with a Short Ratio of 0.12, compared to 1756425600 on 90885. Therefore, it implies a Short% of Shares Outstanding of 61327 and a Short% of Float of 0.64999997.
