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.
Paranovus Entertainment Technology Ltd (NASDAQ: PAVS) closed the day trading at $0.04 down -11.68% from the previous closing price of $0.04. In other words, the price has decreased by -$11.68 from its previous closing price. On the day, 108.24 million shares were traded. PAVS stock price reached its highest trading level at $0.04 during the session, while it also had its lowest trading level at $0.0331.
Ratios:
For a better understanding of PAVS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.24 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, PAVS now has a Market Capitalization of 2444330 and an Enterprise Value of 5157278. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 0.415 whereas that against EBITDA is -10.337.
Stock Price History:
The Beta on a monthly basis for PAVS is -0.52, which has changed by -0.9658333 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, PAVS has reached a high of $1.50, while it has fallen to a 52-week low of $0.03. The 50-Day Moving Average of the stock is -93.41%, while the 200-Day Moving Average is calculated to be -96.08%.
Shares Statistics:
Over the past 3-months, PAVS traded about 74.13M shares per day on average, while over the past 10 days, PAVS traded about 470867640 shares per day. A total of 66.72M shares are outstanding, with a floating share count of 6.72M. Insiders hold about 90.01% of the company’s shares, while institutions hold 0.09% stake in the company. Shares short for PAVS as of 1764288000 were 654951 with a Short Ratio of 0.01, compared to 1761868800 on 143204. Therefore, it implies a Short% of Shares Outstanding of 654951 and a Short% of Float of 0.98.
