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, Inno Holdings Inc (NASDAQ: INHD) closed at $0.48 down -33.64% from its previous closing price of $0.73. In other words, the price has decreased by -$33.64 from its previous closing price. On the day, 330.78 million shares were traded. INHD stock price reached its highest trading level at $3.45 during the session, while it also had its lowest trading level at $0.4533.
Ratios:
For a deeper understanding of Inno Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.55 and its Current Ratio is at 8.89. In the meantime, Its Debt-to-Equity ratio is 0.01 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, INHD now has a Market Capitalization of 6229513 and an Enterprise Value of -607494. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at -0.23 whereas that against EBITDA is 0.102.
Stock Price History:
The Beta on a monthly basis for INHD is -1.37, which has changed by -0.8621673 over the last 52 weeks, in comparison to a change of 0.09654534 over the same period for the S&P500. Over the past 52 weeks, INHD has reached a high of $19.78, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -65.92%, while the 200-Day Moving Average is calculated to be -83.76%.
Shares Statistics:
For the past three months, INHD has traded an average of 6.13M shares per day and 262600 over the past ten days. A total of 12.95M shares are outstanding, with a floating share count of 11.19M. Insiders hold about 13.55% of the company’s shares, while institutions hold 1.86% stake in the company. Shares short for INHD as of 1761868800 were 225921 with a Short Ratio of 0.04, compared to 1759190400 on 414925. Therefore, it implies a Short% of Shares Outstanding of 225921 and a Short% of Float of 1.95.
