Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
PTL Ltd (NASDAQ: PTLE) closed the day trading at $0.13 down -7.68% from the previous closing price of $0.14. In other words, the price has decreased by -$7.68 from its previous closing price. On the day, 0.79 million shares were traded. PTLE stock price reached its highest trading level at $0.1401 during the session, while it also had its lowest trading level at $0.1275.
Ratios:
For a better understanding of PTLE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 2.94. 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, PTLE now has a Market Capitalization of 4914611 and an Enterprise Value of 2245705. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 4.58. Its current Enterprise Value per Revenue stands at 0.025.
Stock Price History:
The Beta on a monthly basis for PTLE is -0.78, which has changed by -0.98367816 over the last 52 weeks, in comparison to a change of 0.13613915 over the same period for the S&P500. Over the past 52 weeks, PTLE has reached a high of $15.78, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -26.79%, while the 200-Day Moving Average is calculated to be -76.95%.
Shares Statistics:
Over the past 3-months, PTLE traded about 12.45M shares per day on average, while over the past 10 days, PTLE traded about 818050 shares per day. A total of 48.74M shares are outstanding, with a floating share count of 37.49M. Insiders hold about 23.08% of the company’s shares, while institutions hold 0.55% stake in the company. Shares short for PTLE as of 1764288000 were 640730 with a Short Ratio of 0.05, compared to 1761868800 on 485988. Therefore, it implies a Short% of Shares Outstanding of 640730 and a Short% of Float of 4.279999999999999.
