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 Zhibao Technology Inc (NASDAQ: ZBAO) was $0.88 for the day, down -9.59% from the previous closing price of $0.98. In other words, the price has decreased by -$9.59 from its previous closing price. On the day, 0.19 million shares were traded. ZBAO stock price reached its highest trading level at $0.9729 during the session, while it also had its lowest trading level at $0.8579.
Ratios:
Our analysis of ZBAO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.05.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZBAO now has a Market Capitalization of 29216734 and an Enterprise Value of 48923712. As of this moment, Zhibao’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 0.199 whereas that against EBITDA is 2.195.
Stock Price History:
The Beta on a monthly basis for ZBAO is 1.92, which has changed by -0.42865497 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, ZBAO has reached a high of $2.14, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -10.73%, while the 200-Day Moving Average is calculated to be -15.40%.
Shares Statistics:
ZBAO traded an average of 53.63K shares per day over the past three months and 103430 shares per day over the past ten days. A total of 15.23M shares are outstanding, with a floating share count of 12.60M. Insiders hold about 61.90% of the company’s shares, while institutions hold 0.12% stake in the company. Shares short for ZBAO as of 1764288000 were 19669 with a Short Ratio of 0.37, compared to 1761868800 on 18302. Therefore, it implies a Short% of Shares Outstanding of 19669 and a Short% of Float of 0.19.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for ZBAO’s current fiscal year. The highest revenue estimate was $315.63M, while the lowest revenue estimate was $315.63M, resulting in an average revenue estimate of $315.63M. In the same quarter a year ago, actual revenue was $183.67MBased on 1 analysts’ estimates, the company’s revenue will be $443.55M in the next fiscal year. The high estimate is $443.55M and the low estimate is $443.55M.
