Market Resilience: Allied Gaming & Entertainment Inc (AGAE) Finishes Weak at 0.34, Down -1.08

Ulysses Smith

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

Allied Gaming & Entertainment Inc (NASDAQ: AGAE) closed the day trading at $0.34 down -1.08% from the previous closing price of $0.34. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 0.78 million shares were traded. AGAE stock price reached its highest trading level at $0.3644 during the session, while it also had its lowest trading level at $0.3255.

Ratios:

For a better understanding of AGAE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.05.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGAE now has a Market Capitalization of 12921105 and an Enterprise Value of 1051482. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 0.132 whereas that against EBITDA is -0.049.

Stock Price History:

The Beta on a monthly basis for AGAE is 1.63, which has changed by -0.6198895 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, AGAE has reached a high of $3.79, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -19.94%, while the 200-Day Moving Average is calculated to be -72.92%.

Shares Statistics:

Over the past 3-months, AGAE traded about 635.37K shares per day on average, while over the past 10 days, AGAE traded about 582510 shares per day. A total of 38.01M shares are outstanding, with a floating share count of 15.09M. Insiders hold about 59.98% of the company’s shares, while institutions hold 5.64% stake in the company. Shares short for AGAE as of 1767139200 were 906063 with a Short Ratio of 1.43, compared to 1764288000 on 125160. Therefore, it implies a Short% of Shares Outstanding of 906063 and a Short% of Float of 3.6700000000000004.

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