For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $15.74 in the prior trading day, Prenetics Global Limited (NASDAQ: PRE) closed at $15.75, up 0.06%. In other words, the price has increased by $0.06 from its previous closing price. On the day, 83423.0 shares were traded. PRE stock price reached its highest trading level at $16.31 during the session, while it also had its lowest trading level at $15.3931.
Ratios:
Our goal is to gain a better understanding of PRE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
. In the most recent recommendation for this company, Cantor Fitzgerald on January 18, 2023, initiated with a Overweight rating and assigned the stock a target price of $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRE now has a Market Capitalization of 265047904 and an Enterprise Value of 189723456. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.35 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 2.461 whereas that against EBITDA is -3.906.
Stock Price History:
The Beta on a monthly basis for PRE is 0.34, which has changed by 1.7711267 over the last 52 weeks, in comparison to a change of 0.17511821 over the same period for the S&P500. Over the past 52 weeks, PRE has reached a high of $18.48, while it has fallen to a 52-week low of $3.09. The 50-Day Moving Average of the stock is 8.43%, while the 200-Day Moving Average is calculated to be 62.87%.
Shares Statistics:
The stock has traded on average 153.48K shares per day over the past 3-months and 132640 shares per day over the last 10 days, according to various share statistics. A total of 11.31M shares are outstanding, with a floating share count of 9.90M. Insiders hold about 29.80% of the company’s shares, while institutions hold 6.73% stake in the company. Shares short for PRE as of 1765756800 were 61882 with a Short Ratio of 0.40, compared to 1763078400 on 156109. Therefore, it implies a Short% of Shares Outstanding of 61882 and a Short% of Float of 0.43.
Earnings Estimates
Its stock is currently analyzed by 1.0 different market analysts. The consensus estimate for the next quarter is $0.24, with high estimates of $0.24 and low estimates of $0.24. Analysts are recommending an EPS of between -$2.22 and -$2.22 for the fiscal current year, implying an average EPS of -$2.22. EPS for the following year is $1.52, with 1.0 analysts recommending between $1.52 and $1.52.
Revenue Estimates
1 analysts predict $38.3M in revenue for . The current quarter. It ranges from a high estimate of $38.3M to a low estimate of $38.3M. As of . The current estimate, Prenetics Global Limited’s year-ago sales were $10.5MFor the next quarter, 1 analysts are estimating revenue of $45.9M. There is a high estimate of $45.9M for the next quarter, whereas the lowest estimate is $45.9M.
A total of 1 analysts have provided revenue estimates for PRE’s current fiscal year. The highest revenue estimate was $96.8M, while the lowest revenue estimate was $96.8M, resulting in an average revenue estimate of $96.8M. In the same quarter a year ago, actual revenue was $30.6MBased on 1 analysts’ estimates, the company’s revenue will be $217.2M in the next fiscal year. The high estimate is $217.2M and the low estimate is $217.2M.






