Ratios Revealed: Decoding Enveric Biosciences Inc (ENVB)’s Financial Health

Kiel Thompson

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The closing price of Enveric Biosciences Inc (NASDAQ: ENVB) was $0.79 for the day, down -12.44% from the previous closing price of $0.9. In other words, the price has decreased by -$12.44 from its previous closing price. On the day, 1.62 million shares were traded. ENVB stock price reached its highest trading level at $0.9496 during the session, while it also had its lowest trading level at $0.7301.

Ratios:

Our analysis of ENVB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 2.43. 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, ENVB now has a Market Capitalization of 4901642 and an Enterprise Value of -191544.

Stock Price History:

The Beta on a monthly basis for ENVB is 0.51, which has changed by -0.992165 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, ENVB has reached a high of $8.32, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -13.17%, while the 200-Day Moving Average is calculated to be -53.67%.

Shares Statistics:

ENVB traded an average of 470.62K shares per day over the past three months and 961100 shares per day over the past ten days. A total of 6.22M shares are outstanding, with a floating share count of 5.39M. Insiders hold about 13.27% of the company’s shares, while institutions hold 5.37% stake in the company. Shares short for ENVB as of 1759190400 were 308597 with a Short Ratio of 0.66, compared to 1756425600 on 397575. Therefore, it implies a Short% of Shares Outstanding of 308597 and a Short% of Float of 4.9799999999999995.

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