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The closing price of Paranovus Entertainment Technology Ltd (NASDAQ: PAVS) was $0.08 for the day, down -92.57% from the previous closing price of $1.05. In other words, the price has decreased by -$92.57 from its previous closing price. On the day, 292.87 million shares were traded. PAVS stock price reached its highest trading level at $0.7802 during the session, while it also had its lowest trading level at $0.0595.
Ratios:
Our analysis of PAVS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAVS now has a Market Capitalization of 5252280 and an Enterprise Value of 7329413. For the stock, the TTM Price-to-Sale (P/S) ratio is 75.03 while its Price-to-Book (P/B) ratio in mrq is 0.22. Its current Enterprise Value per Revenue stands at 102.449 whereas that against EBITDA is -3.819.
Stock Price History:
The Beta on a monthly basis for PAVS is -0.64, which has changed by 0.115834236 over the last 52 weeks, in comparison to a change of 0.12607694 over the same period for the S&P500. Over the past 52 weeks, PAVS has reached a high of $1.50, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is -89.48%, while the 200-Day Moving Average is calculated to be -92.13%.
Shares Statistics:
PAVS traded an average of 605.03K shares per day over the past three months and 1678860 shares per day over the past ten days. A total of 66.72M shares are outstanding, with a floating share count of 6.72M. Insiders hold about 90.01% of the company’s shares, while institutions hold 0.09% stake in the company. Shares short for PAVS as of 1763078400 were 86139 with a Short Ratio of 0.14, compared to 1760486400 on 201047. Therefore, it implies a Short% of Shares Outstanding of 86139 and a Short% of Float of 0.13.
