Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) was $0.98 for the day, up 24.05% from the previous closing price of $0.79. In other words, the price has increased by $24.05 from its previous closing price. On the day, 1.51 million shares were traded. YGMZ stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $0.701.
Ratios:
Our analysis of YGMZ’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.08 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, YGMZ now has a Market Capitalization of 75145488 and an Enterprise Value of 84227184. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.86 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 2.083 whereas that against EBITDA is -26.08.
Stock Price History:
The Beta on a monthly basis for YGMZ is 0.74, which has changed by -0.2631579 over the last 52 weeks, in comparison to a change of 0.13033986 over the same period for the S&P500. Over the past 52 weeks, YGMZ has reached a high of $1.77, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 24.19%, while the 200-Day Moving Average is calculated to be 6.73%.
Shares Statistics:
YGMZ traded an average of 145.36K shares per day over the past three months and 473990 shares per day over the past ten days. A total of 76.68M shares are outstanding, with a floating share count of 75.99M. Insiders hold about 0.90% of the company’s shares, while institutions hold 0.15% stake in the company. Shares short for YGMZ as of 1759190400 were 129767 with a Short Ratio of 0.89, compared to 1756425600 on 136461. Therefore, it implies a Short% of Shares Outstanding of 129767 and a Short% of Float of 0.16999999999999998.
