For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of SolarMax Technology Inc (NASDAQ: SMXT) was $0.78 for the day, down -12.60% from the previous closing price of $0.89. In other words, the price has decreased by -$12.60 from its previous closing price. On the day, 1.31 million shares were traded. SMXT stock price reached its highest trading level at $0.906 during the session, while it also had its lowest trading level at $0.7801.
Ratios:
Our analysis of SMXT’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 3.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.69.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMXT now has a Market Capitalization of 42475768 and an Enterprise Value of 59336616. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84. Its current Enterprise Value per Revenue stands at 1.167 whereas that against EBITDA is 5.651.
Stock Price History:
The Beta on a monthly basis for SMXT is 0.53, which has changed by -0.35144925 over the last 52 weeks, in comparison to a change of 0.19182634 over the same period for the S&P500. Over the past 52 weeks, SMXT has reached a high of $2.50, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -14.80%, while the 200-Day Moving Average is calculated to be -26.23%.
Shares Statistics:
SMXT traded an average of 876.01K shares per day over the past three months and 4722350 shares per day over the past ten days. A total of 54.30M shares are outstanding, with a floating share count of 39.28M. Insiders hold about 27.66% of the company’s shares, while institutions hold 3.23% stake in the company. Shares short for SMXT as of 1765756800 were 365258 with a Short Ratio of 0.42, compared to 1763078400 on 499750. Therefore, it implies a Short% of Shares Outstanding of 365258 and a Short% of Float of 0.8699999999999999.
