For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
PTL Ltd (NASDAQ: PTLE) closed the day trading at $0.22 down -2.67% from the previous closing price of $0.22. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 3.4 million shares were traded. PTLE stock price reached its highest trading level at $0.2322 during the session, while it also had its lowest trading level at $0.1982.
Ratios:
For a better understanding of PTLE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 2.94. 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 8194768 and an Enterprise Value of 5525861. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 7.64. Its current Enterprise Value per Revenue stands at 0.06.
Stock Price History:
The Beta on a monthly basis for PTLE is -1.19, which has changed by -0.9089069 over the last 52 weeks, in comparison to a change of 0.14151978 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 17.51%, while the 200-Day Moving Average is calculated to be -69.87%.
Shares Statistics:
Over the past 3-months, PTLE traded about 12.45M shares per day on average, while over the past 10 days, PTLE traded about 67993420 shares per day. A total of 48.74M shares are outstanding, with a floating share count of 37.49M. Insiders hold about 23.08% of the company’s shares, while institutions hold 0.13% stake in the company. Shares short for PTLE as of 1761868800 were 485988 with a Short Ratio of 0.05, compared to 1759190400 on 280165. Therefore, it implies a Short% of Shares Outstanding of 485988 and a Short% of Float of 3.2399999999999998.
