Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $4.11 in the prior trading day, Solowin Holdings (NASDAQ: AXG) closed at $4.08, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 0.63 million shares were traded. AXG stock price reached its highest trading level at $4.12 during the session, while it also had its lowest trading level at $3.91.
Ratios:
Our goal is to gain a better understanding of AXG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.02.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXG now has a Market Capitalization of 765779328 and an Enterprise Value of 64480400. For the stock, the TTM Price-to-Sale (P/S) ratio is 2121.58 while its Price-to-Book (P/B) ratio in mrq is 110.57. Its current Enterprise Value per Revenue stands at 19.445.
Stock Price History:
The Beta on a monthly basis for AXG is -0.38, which has changed by 0.6653061 over the last 52 weeks, in comparison to a change of 0.14778805 over the same period for the S&P500. Over the past 52 weeks, AXG has reached a high of $5.09, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 10.59%, while the 200-Day Moving Average is calculated to be 38.23%.
Shares Statistics:
The stock has traded on average 904.24K shares per day over the past 3-months and 669630 shares per day over the last 10 days, according to various share statistics. A total of 187.20M shares are outstanding, with a floating share count of 45.71M. Insiders hold about 75.58% of the company’s shares, while institutions hold 0.08% stake in the company. Shares short for AXG as of 1765756800 were 854202 with a Short Ratio of 0.94, compared to 1763078400 on 1507591. Therefore, it implies a Short% of Shares Outstanding of 854202 and a Short% of Float of 0.58999998.
