Market Recap: SHF Holdings Inc (SHFS)’s Negative Momentum%, Closing at $1.28

Kiel Thompson

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The closing price of SHF Holdings Inc (NASDAQ: SHFS) was $1.28 for the day, down -15.23% from the previous closing price of $1.51. In other words, the price has decreased by -$15.23 from its previous closing price. On the day, 1.24 million shares were traded. SHFS stock price reached its highest trading level at $1.57 during the session, while it also had its lowest trading level at $1.2.

Ratios:

Our analysis of SHFS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHFS now has a Market Capitalization of 3943777 and an Enterprise Value of 5307805. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.531.

Stock Price History:

The Beta on a monthly basis for SHFS is 0.85, which has changed by -0.8180723 over the last 52 weeks, in comparison to a change of 0.13329959 over the same period for the S&P500. Over the past 52 weeks, SHFS has reached a high of $10.53, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is -42.89%, while the 200-Day Moving Average is calculated to be -59.34%.

Shares Statistics:

SHFS traded an average of 981.07K shares per day over the past three months and 785550 shares per day over the past ten days. A total of 2.92M shares are outstanding, with a floating share count of 1.87M. Insiders hold about 39.35% of the company’s shares, while institutions hold 8.73% stake in the company. Shares short for SHFS as of 1764288000 were 37647 with a Short Ratio of 0.04, compared to 1761868800 on 61005. Therefore, it implies a Short% of Shares Outstanding of 37647 and a Short% of Float of 1.95.

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