Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Cheer Holding Inc (NASDAQ: CHR) was $0.03 for the day, up 5.26% from the previous closing price of $0.03. In other words, the price has increased by $5.26 from its previous closing price. On the day, 19.11 million shares were traded. CHR stock price reached its highest trading level at $0.0338 during the session, while it also had its lowest trading level at $0.0316.
Ratios:
Our analysis of CHR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.12. For the most recent quarter (mrq), Quick Ratio is recorded 8.29 and its Current Ratio is at 8.29. In the meantime, Its Debt-to-Equity ratio is 0.03 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, CHR now has a Market Capitalization of 3036537 and an Enterprise Value of -193822080. As of this moment, Cheer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at -1.317 whereas that against EBITDA is -7.382.
Stock Price History:
The Beta on a monthly basis for CHR is 1.03, which has changed by -0.9873606 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, CHR has reached a high of $2.83, while it has fallen to a 52-week low of $0.03. The 50-Day Moving Average of the stock is -54.15%, while the 200-Day Moving Average is calculated to be -96.50%.
Shares Statistics:
CHR traded an average of 56.08M shares per day over the past three months and 696652 shares per day over the past ten days. A total of 113.31M shares are outstanding, with a floating share count of 98.67M. Insiders hold about 12.92% of the company’s shares, while institutions hold 0.63% stake in the company. Shares short for CHR as of 1764288000 were 122783 with a Short Ratio of 0.11, compared to 1761868800 on 28120. Therefore, it implies a Short% of Shares Outstanding of 122783 and a Short% of Float of 0.15.
