For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Electra Battery Materials Corp (NASDAQ: ELBM) closed the day trading at $1.47 up 4.26% from the previous closing price of $1.41. In other words, the price has increased by $4.26 from its previous closing price. On the day, 4.3 million shares were traded. ELBM stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.37.
Ratios:
For a better understanding of ELBM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.05. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 0.18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELBM now has a Market Capitalization of 137668800 and an Enterprise Value of 94137392.
Stock Price History:
The Beta on a monthly basis for ELBM is 2.45, which has changed by -0.2891683 over the last 52 weeks, in comparison to a change of 0.20772064 over the same period for the S&P500. Over the past 52 weeks, ELBM has reached a high of $8.70, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 2.81%, while the 200-Day Moving Average is calculated to be 14.44%.
Shares Statistics:
Over the past 3-months, ELBM traded about 7.67M shares per day on average, while over the past 10 days, ELBM traded about 17657960 shares per day. A total of 17.96M shares are outstanding, with a floating share count of 17.83M. Insiders hold about 1.46% of the company’s shares, while institutions hold 107.62% stake in the company. Shares short for ELBM as of 1760486400 were 3588816 with a Short Ratio of 0.47, compared to 1757894400 on 1404018. Therefore, it implies a Short% of Shares Outstanding of 3588816 and a Short% of Float of 20.28.
Earnings Estimates
The stock of Electra Battery Materials Corp (ELBM) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.25 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$0.06 and -$0.06 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is -$0.13, with 1.0 analysts recommending between -$0.13 and -$0.13.
