Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
SolarMax Technology Inc (NASDAQ: SMXT) closed the day trading at $0.81 up 3.83% from the previous closing price of $0.78. In other words, the price has increased by $3.83 from its previous closing price. On the day, 0.6 million shares were traded. SMXT stock price reached its highest trading level at $0.8358 during the session, while it also had its lowest trading level at $0.766.
Ratios:
For a better understanding of SMXT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.72. 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 43979960 and an Enterprise Value of 60840808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86. Its current Enterprise Value per Revenue stands at 1.196 whereas that against EBITDA is 5.794.
Stock Price History:
The Beta on a monthly basis for SMXT is 0.52, which has changed by -0.43478262 over the last 52 weeks, in comparison to a change of 0.19226205 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 $0.70. The 50-Day Moving Average of the stock is -10.43%, while the 200-Day Moving Average is calculated to be -23.17%.
Shares Statistics:
Over the past 3-months, SMXT traded about 921.65K shares per day on average, while over the past 10 days, SMXT traded about 4995700 shares per day. 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 1767139200 were 358702 with a Short Ratio of 0.39, compared to 1764288000 on 395912. Therefore, it implies a Short% of Shares Outstanding of 358702 and a Short% of Float of 0.8500000000000001.
