Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Advanced Biomed Inc (NASDAQ: ADVB) closed the day trading at $0.37 up 1.27% from the previous closing price of $0.36. In other words, the price has increased by $1.27 from its previous closing price. On the day, 3.17 million shares were traded. ADVB stock price reached its highest trading level at $0.385 during the session, while it also had its lowest trading level at $0.365.
Ratios:
For a better understanding of ADVB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADVB now has a Market Capitalization of 7933224 and an Enterprise Value of 7335643.
Stock Price History:
Over the past 52 weeks, ADVB has reached a high of $4.10, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -15.69%, while the 200-Day Moving Average is calculated to be -66.90%.
Shares Statistics:
Over the past 3-months, ADVB traded about 914.25K shares per day on average, while over the past 10 days, ADVB traded about 211540 shares per day. A total of 21.64M shares are outstanding, with a floating share count of 4.86M. Insiders hold about 77.53% of the company’s shares, while institutions hold 1.21% stake in the company. Shares short for ADVB as of 1763078400 were 342702 with a Short Ratio of 0.37, compared to 1760486400 on 119583. Therefore, it implies a Short% of Shares Outstanding of 342702 and a Short% of Float of 4.04.
