Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of TAO Synergies Inc (NASDAQ: TAOX) was $9.34 for the day, down -2.71% from the previous closing price of $9.6. In other words, the price has decreased by -$2.71 from its previous closing price. On the day, 0.67 million shares were traded. TAOX stock price reached its highest trading level at $10.0 during the session, while it also had its lowest trading level at $8.12.
Ratios:
Our analysis of TAOX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 20.51 and its Current Ratio is at 20.51. 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, TAOX now has a Market Capitalization of 45975328 and an Enterprise Value of 18914888. Its current Enterprise Value per Revenue stands at 4774.076 whereas that against EBITDA is -2.726.
Stock Price History:
The Beta on a monthly basis for TAOX is 1.96, which has changed by 2.0868168 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, TAOX has reached a high of $11.98, while it has fallen to a 52-week low of $1.84. The 50-Day Moving Average of the stock is 36.13%, while the 200-Day Moving Average is calculated to be 103.98%.
Shares Statistics:
TAOX traded an average of 281.12K shares per day over the past three months and 396170 shares per day over the past ten days. A total of 3.49M shares are outstanding, with a floating share count of 3.27M. Insiders hold about 6.13% of the company’s shares, while institutions hold 2.43% stake in the company. Shares short for TAOX as of 1759190400 were 723659 with a Short Ratio of 2.57, compared to 1756425600 on 570132. Therefore, it implies a Short% of Shares Outstanding of 723659 and a Short% of Float of 20.809999.
