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.
INNEOVA Holdings Ltd (NASDAQ: INEO) closed the day trading at $0.52 up 1.12% from the previous closing price of $0.52. In other words, the price has increased by $1.12 from its previous closing price. On the day, 0.61 million shares were traded. INEO stock price reached its highest trading level at $0.6976 during the session, while it also had its lowest trading level at $0.504.
Ratios:
For a better understanding of INEO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 0.32.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INEO now has a Market Capitalization of 8676525 and an Enterprise Value of 22885876. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 0.374 whereas that against EBITDA is 49.43.
Stock Price History:
The Beta on a monthly basis for INEO is 0.05, which has changed by -0.82406783 over the last 52 weeks, in comparison to a change of 0.13153219 over the same period for the S&P500. Over the past 52 weeks, INEO has reached a high of $3.30, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -30.68%, while the 200-Day Moving Average is calculated to be -45.19%.
Shares Statistics:
Over the past 3-months, INEO traded about 231.52K shares per day on average, while over the past 10 days, INEO traded about 36770 shares per day. A total of 16.55M shares are outstanding, with a floating share count of 16.55M. Insiders hold about 0.00% of the company’s shares, while institutions hold 0.17% stake in the company. Shares short for INEO as of 1764288000 were 4116 with a Short Ratio of 0.02, compared to 1761868800 on 8993. Therefore, it implies a Short% of Shares Outstanding of 4116 and a Short% of Float of 0.05.
