For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, MicroAlgo Inc’s stock clocked out at $6.14, up 0.82% from its previous closing price of $6.09. In other words, the price has increased by $0.82 from its previous closing price. On the day, 69339.0 shares were traded. MLGO stock price reached its highest trading level at $6.25 during the session, while it also had its lowest trading level at $5.9801.
Ratios:
To gain a deeper understanding of MLGO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.36. For the most recent quarter (mrq), Quick Ratio is recorded 33.05 and its Current Ratio is at 33.05. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLGO now has a Market Capitalization of 74603728 and an Enterprise Value of -2165059072. As of this moment, MicroAlgo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at -4.93 whereas that against EBITDA is -84.318.
Stock Price History:
The Beta on a monthly basis for MLGO is -1.50, which has changed by -0.9287719 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, MLGO has reached a high of $972.00, while it has fallen to a 52-week low of $5.99. The 50-Day Moving Average of the stock is -20.21%, while the 200-Day Moving Average is calculated to be -91.87%.
Shares Statistics:
It appears that MLGO traded 185.16K shares on average per day over the past three months and 96910 shares per day over the past ten days. A total of 10.94M shares are outstanding, with a floating share count of 10.88M. Insiders hold about 0.56% of the company’s shares, while institutions hold 1.67% stake in the company. Shares short for MLGO as of 1764288000 were 371082 with a Short Ratio of 2.01, compared to 1761868800 on 407374. Therefore, it implies a Short% of Shares Outstanding of 371082 and a Short% of Float of 3.4099999999999997.
