In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $0.47 in the prior trading day, CID Holdco Inc (NASDAQ: DAIC) closed at $0.48, up 1.27%. In other words, the price has increased by $1.27 from its previous closing price. On the day, 0.57 million shares were traded. DAIC stock price reached its highest trading level at $0.4904 during the session, while it also had its lowest trading level at $0.4521.
Ratios:
Our goal is to gain a better understanding of DAIC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAIC now has a Market Capitalization of 13331194 and an Enterprise Value of 37585504. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.46. Its current Enterprise Value per Revenue stands at 84.158.
Stock Price History:
The Beta on a monthly basis for DAIC is -0.35, which has changed by -0.9868493 over the last 52 weeks, in comparison to a change of 0.19362879 over the same period for the S&P500. Over the past 52 weeks, DAIC has reached a high of $75.00, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -69.80%, while the 200-Day Moving Average is calculated to be -92.12%.
Shares Statistics:
The stock has traded on average 2.63M shares per day over the past 3-months and 16330910 shares per day over the last 10 days, according to various share statistics. A total of 27.74M shares are outstanding, with a floating share count of 9.62M. Insiders hold about 21.85% of the company’s shares, while institutions hold 9.32% stake in the company. Shares short for DAIC as of 1765756800 were 49577 with a Short Ratio of 0.02, compared to 1763078400 on 58488.
