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Fatpipe Inc (NASDAQ: FATN) closed the day trading at $2.02 down -15.48% from the previous closing price of $2.39. In other words, the price has decreased by -$15.48 from its previous closing price. On the day, 0.14 million shares were traded. FATN stock price reached its highest trading level at $2.46 during the session, while it also had its lowest trading level at $1.82.
Ratios:
For a better understanding of FATN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.74. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FATN now has a Market Capitalization of 28127426 and an Enterprise Value of 27949520. As of this moment, Fatpipe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 1.884 whereas that against EBITDA is 15.311.
Stock Price History:
Over the past 52 weeks, FATN has reached a high of $23.27, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is -31.78%, while the 200-Day Moving Average is calculated to be -68.66%.
Shares Statistics:
Over the past 3-months, FATN traded about 50.53K shares per day on average, while over the past 10 days, FATN traded about 54270 shares per day. A total of 13.92M shares are outstanding, with a floating share count of 8.85M. Insiders hold about 36.46% of the company’s shares, while institutions hold 0.28% stake in the company. Shares short for FATN as of 1765756800 were 4103 with a Short Ratio of 0.08, compared to 1763078400 on 10910. Therefore, it implies a Short% of Shares Outstanding of 4103 and a Short% of Float of 0.06999999999999999.
