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.
Cheer Holding Inc (NASDAQ: CHR) closed the day trading at $0.04 up 4.82% from the previous closing price of $0.04. In other words, the price has increased by $4.82 from its previous closing price. On the day, 52.72 million shares were traded. CHR stock price reached its highest trading level at $0.0485 during the session, while it also had its lowest trading level at $0.042.
Ratios:
For a better understanding of CHR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.02. For the most recent quarter (mrq), Quick Ratio is recorded 8.29 and its Current Ratio is at 8.29. In the meantime, Its Debt-to-Equity ratio is 0.03 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, CHR now has a Market Capitalization of 3884980 and an Enterprise Value of -193319104. As of this moment, Cheer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at -1.314 whereas that against EBITDA is -7.363.
Stock Price History:
The Beta on a monthly basis for CHR is 1.03, which has changed by -0.986014 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, CHR has reached a high of $3.45, while it has fallen to a 52-week low of $0.04. The 50-Day Moving Average of the stock is -77.82%, while the 200-Day Moving Average is calculated to be -96.16%.
Shares Statistics:
Over the past 3-months, CHR traded about 47.26M shares per day on average, while over the past 10 days, CHR traded about 77122180 shares per day. A total of 18.03M shares are outstanding, with a floating share count of 15.70M. Insiders hold about 12.92% of the company’s shares, while institutions hold 3.99% stake in the company. Shares short for CHR as of 1763078400 were 3624564 with a Short Ratio of 0.08, compared to 1760486400 on 391569. Therefore, it implies a Short% of Shares Outstanding of 3624564 and a Short% of Float of 4.36.
