In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, TAO Synergies Inc (NASDAQ: TAOX) closed at $7.93 down -9.47% from its previous closing price of $8.76. In other words, the price has decreased by -$9.47 from its previous closing price. On the day, 0.86 million shares were traded. TAOX stock price reached its highest trading level at $8.74 during the session, while it also had its lowest trading level at $7.2001.
Ratios:
For a deeper understanding of TAO Synergies Inc’s stock, let’s take a closer look at its various ratios. 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 39034728 and an Enterprise Value of 13998011. Its current Enterprise Value per Revenue stands at 3533.067 whereas that against EBITDA is -2.017.
Stock Price History:
The Beta on a monthly basis for TAOX is 2.07, which has changed by 2.0736842 over the last 52 weeks, in comparison to a change of 0.18286073 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 12.69%, while the 200-Day Moving Average is calculated to be 62.33%.
Shares Statistics:
For the past three months, TAOX has traded an average of 349.15K shares per day and 622130 over the past ten days. A total of 3.49M shares are outstanding, with a floating share count of 3.31M. Insiders hold about 5.09% of the company’s shares, while institutions hold 2.96% stake in the company. Shares short for TAOX as of 1760486400 were 846598 with a Short Ratio of 2.42, compared to 1757894400 on 575540. Therefore, it implies a Short% of Shares Outstanding of 846598 and a Short% of Float of 17.23.
