Market Resilience: MingZhu Logistics Holdings Ltd (YGMZ) Finishes Weak at 0.07, Down -10.01

Ulysses Smith

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.

MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) closed the day trading at $0.07 down -10.01% from the previous closing price of $0.08. In other words, the price has decreased by -$10.01 from its previous closing price. On the day, 18.26 million shares were traded. YGMZ stock price reached its highest trading level at $0.0775 during the session, while it also had its lowest trading level at $0.0661.

Ratios:

For a better understanding of YGMZ, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 3.76. In the meantime, Its Debt-to-Equity ratio is 0.04 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, YGMZ now has a Market Capitalization of 341407 and an Enterprise Value of 2715502. As of this moment, MingZhu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.16. 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 0.07. Its current Enterprise Value per Revenue stands at 0.087 whereas that against EBITDA is 0.38.

Stock Price History:

The Beta on a monthly basis for YGMZ is 0.42, which has changed by -0.9957435 over the last 52 weeks, in comparison to a change of 0.13844287 over the same period for the S&P500. Over the past 52 weeks, YGMZ has reached a high of $24.64, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is -98.51%, while the 200-Day Moving Average is calculated to be -99.44%.

Shares Statistics:

Over the past 3-months, YGMZ traded about 6.16M shares per day on average, while over the past 10 days, YGMZ traded about 33745950 shares per day. A total of 4.79M shares are outstanding, with a floating share count of 4.75M. Insiders hold about 0.88% of the company’s shares, while institutions hold 0.77% stake in the company. Shares short for YGMZ as of 1763078400 were 258022 with a Short Ratio of 0.04, compared to 1760486400 on 6852. Therefore, it implies a Short% of Shares Outstanding of 258022 and a Short% of Float of 5.43.

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