Investor’s Delight: PharmaCyte Biotech Inc (PMCB) Closes Strong at 0.78, Up 5.02

Abby Carey

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.

The closing price of PharmaCyte Biotech Inc (NASDAQ: PMCB) was $0.78 for the day, up 5.02% from the previous closing price of $0.75. In other words, the price has increased by $5.02 from its previous closing price. On the day, 0.67 million shares were traded. PMCB stock price reached its highest trading level at $0.8881 during the session, while it also had its lowest trading level at $0.73.

Ratios:

Our analysis of PMCB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 18.01 and its Current Ratio is at 18.01. In the meantime, Its Debt-to-Equity ratio is 0.00 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, PMCB now has a Market Capitalization of 5331968 and an Enterprise Value of -8108190.

Stock Price History:

The Beta on a monthly basis for PMCB is 0.04, which has changed by -0.54445124 over the last 52 weeks, in comparison to a change of 0.12415576 over the same period for the S&P500. Over the past 52 weeks, PMCB has reached a high of $1.90, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -13.14%, while the 200-Day Moving Average is calculated to be -28.90%.

Shares Statistics:

PMCB traded an average of 1.02M shares per day over the past three months and 6090180 shares per day over the past ten days. A total of 6.80M shares are outstanding, with a floating share count of 5.99M. Insiders hold about 11.86% of the company’s shares, while institutions hold 6.38% stake in the company. Shares short for PMCB as of 1763078400 were 469147 with a Short Ratio of 0.46, compared to 1760486400 on 480486. Therefore, it implies a Short% of Shares Outstanding of 469147 and a Short% of Float of 9.0299994.