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.
The price of Solowin Holdings (NASDAQ: AXG) closed at $3.52 in the last session, down -3.56% from day before closing price of $3.65. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 0.68 million shares were traded. AXG stock price reached its highest trading level at $3.68 during the session, while it also had its lowest trading level at $3.48.
Ratios:
We take a closer look at AXG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.13 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, AXG now has a Market Capitalization of 658935488 and an Enterprise Value of 55251600. For the stock, the TTM Price-to-Sale (P/S) ratio is 1830.37 while its Price-to-Book (P/B) ratio in mrq is 95.39. Its current Enterprise Value per Revenue stands at 16.662.
Stock Price History:
The Beta on a monthly basis for AXG is -0.37, which has changed by 0.55319154 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, AXG has reached a high of $5.09, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 5.26%, while the 200-Day Moving Average is calculated to be 30.96%.
Shares Statistics:
According to the various share statistics, AXG traded on average about 1.15M shares per day over the past 3-months and 739320 shares per day over the past 10 days. A total of 187.20M shares are outstanding, with a floating share count of 45.71M. Insiders hold about 75.58% of the company’s shares, while institutions hold 0.08% stake in the company. Shares short for AXG as of 1763078400 were 1507591 with a Short Ratio of 1.31, compared to 1760486400 on 1241356. Therefore, it implies a Short% of Shares Outstanding of 1507591 and a Short% of Float of 1.05.
