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.
Onfolio Holdings Inc (NASDAQ: ONFO) closed the day trading at $0.62 down -2.51% from the previous closing price of $0.64. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 74773.0 shares were traded. ONFO stock price reached its highest trading level at $0.627 during the session, while it also had its lowest trading level at $0.6028.
Ratios:
For a better understanding of ONFO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.49. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 0.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONFO now has a Market Capitalization of 3647505 and an Enterprise Value of 7481670. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 0.666 whereas that against EBITDA is -7.73.
Stock Price History:
The Beta on a monthly basis for ONFO is 1.93, which has changed by -0.53768116 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, ONFO has reached a high of $1.95, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -32.59%, while the 200-Day Moving Average is calculated to be -39.76%.
Shares Statistics:
Over the past 3-months, ONFO traded about 552.35K shares per day on average, while over the past 10 days, ONFO traded about 52040 shares per day. Insiders hold about 24.49% of the company’s shares, while institutions hold 1.18% stake in the company. Shares short for ONFO as of 1764288000 were 353194 with a Short Ratio of 0.35, compared to 1761868800 on 60824. Therefore, it implies a Short% of Shares Outstanding of 353194 and a Short% of Float of 8.01.
