Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of PTL Ltd (NASDAQ: PTLE) was $0.16 for the day, up 0.13% from the previous closing price of $0.16. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.91 million shares were traded. PTLE stock price reached its highest trading level at $0.1651 during the session, while it also had its lowest trading level at $0.156.
Ratios:
Our analysis of PTLE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. 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, PTLE now has a Market Capitalization of 5949266 and an Enterprise Value of 1192634. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 75.21. Its current Enterprise Value per Revenue stands at 0.012.
Stock Price History:
The Beta on a monthly basis for PTLE is -0.47, which has changed by -0.96442956 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, PTLE has reached a high of $15.78, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -13.66%, while the 200-Day Moving Average is calculated to be -88.32%.
Shares Statistics:
PTLE traded an average of 2.13M shares per day over the past three months and 6302540 shares per day over the past ten days. A total of 37.49M shares are outstanding, with a floating share count of 21.41M. Insiders hold about 42.88% of the company’s shares, while institutions hold 0.19% stake in the company. Shares short for PTLE as of 1759190400 were 280165 with a Short Ratio of 0.13, compared to 1756425600 on 544069. Therefore, it implies a Short% of Shares Outstanding of 280165 and a Short% of Float of 1.87.
