Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
PMGC Holdings Inc (NASDAQ: ELAB) closed the day trading at $4.02 down -23.72% from the previous closing price of $5.27. In other words, the price has decreased by -$23.72 from its previous closing price. On the day, 0.5 million shares were traded. ELAB stock price reached its highest trading level at $5.02 during the session, while it also had its lowest trading level at $3.54.
Ratios:
For a better understanding of ELAB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELAB now has a Market Capitalization of 4766896 and an Enterprise Value of -3457287. Its current Enterprise Value per Revenue stands at -12.091 whereas that against EBITDA is 0.595.
Stock Price History:
The Beta on a monthly basis for ELAB is 0.70, which has changed by -0.97516614 over the last 52 weeks, in comparison to a change of 0.1726681 over the same period for the S&P500. Over the past 52 weeks, ELAB has reached a high of $398.86, while it has fallen to a 52-week low of $4.62. The 50-Day Moving Average of the stock is -73.53%, while the 200-Day Moving Average is calculated to be -85.08%.
Shares Statistics:
Over the past 3-months, ELAB traded about 352.35K shares per day on average, while over the past 10 days, ELAB traded about 1079512 shares per day. A total of 0.50M shares are outstanding, with a floating share count of 0.46M. Insiders hold about 9.10% of the company’s shares, while institutions hold 0.04% stake in the company. Shares short for ELAB as of 1767139200 were 20339 with a Short Ratio of 0.06, compared to 1764288000 on 14165. Therefore, it implies a Short% of Shares Outstanding of 20339 and a Short% of Float of 10.95.
