Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Royalty Management Holding Corp (NASDAQ: RMCO) closed the day trading at $2.28 up 3.40% from the previous closing price of $2.2. In other words, the price has increased by $3.40 from its previous closing price. On the day, 60026.0 shares were traded. RMCO stock price reached its highest trading level at $2.43 during the session, while it also had its lowest trading level at $2.0301.
Ratios:
For a better understanding of RMCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Sauve Thomas M. bought 7,500 shares for $1.04 per share. The transaction valued at 7,835 led to the insider holds 1,204,708 shares of the business.
Sauve Thomas M. bought 7,500 shares of RMCO for $7,398 on Dec 02 ’24. The Chief Executive Officer now owns 1,197,208 shares after completing the transaction at $0.99 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RMCO now has a Market Capitalization of 34520872 and an Enterprise Value of 36872164. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.09 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 9.707 whereas that against EBITDA is -166.78.
Stock Price History:
The Beta on a monthly basis for RMCO is -0.00, which has changed by 1.1407766 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, RMCO has reached a high of $4.76, while it has fallen to a 52-week low of $0.90. The 50-Day Moving Average of the stock is -20.85%, while the 200-Day Moving Average is calculated to be 35.13%.
Shares Statistics:
Over the past 3-months, RMCO traded about 105.58K shares per day on average, while over the past 10 days, RMCO traded about 106530 shares per day. A total of 15.14M shares are outstanding, with a floating share count of 6.33M. Insiders hold about 58.22% of the company’s shares, while institutions hold 1.71% stake in the company. Shares short for RMCO as of 1763078400 were 21858 with a Short Ratio of 0.21, compared to 1760486400 on 68759. Therefore, it implies a Short% of Shares Outstanding of 21858 and a Short% of Float of 0.16999999999999998.
