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As of close of business last night, Akanda Corp’s stock clocked out at $1.29, down -3.01% from its previous closing price of $1.33. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 0.96 million shares were traded. AKAN stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.22.
Ratios:
To gain a deeper understanding of AKAN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.02.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AKAN now has a Market Capitalization of 939492 and an Enterprise Value of -1193051. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at -1.426 whereas that against EBITDA is 0.324.
Stock Price History:
The Beta on a monthly basis for AKAN is 1.63, which has changed by -0.69381297 over the last 52 weeks, in comparison to a change of 0.1476624 over the same period for the S&P500. Over the past 52 weeks, AKAN has reached a high of $9.29, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is -50.95%, while the 200-Day Moving Average is calculated to be -66.25%.
Shares Statistics:
It appears that AKAN traded 1.09M shares on average per day over the past three months and 129490 shares per day over the past ten days. A total of 0.73M shares are outstanding, with a floating share count of 0.73M. Insiders hold about 0.02% of the company’s shares, while institutions hold 1.31% stake in the company. Shares short for AKAN as of 1761868800 were 58061 with a Short Ratio of 0.05, compared to 1759190400 on 48981. Therefore, it implies a Short% of Shares Outstanding of 58061 and a Short% of Float of 7.969999999999999.
