In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Iveda Solutions Inc (NASDAQ: IVDA) closed at $1.3 down -7.80% from its previous closing price of $1.41. In other words, the price has decreased by -$7.80 from its previous closing price. On the day, 0.65 million shares were traded. IVDA stock price reached its highest trading level at $1.4402 during the session, while it also had its lowest trading level at $1.27.
Ratios:
For a deeper understanding of Iveda Solutions Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.34.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IVDA now has a Market Capitalization of 7578663 and an Enterprise Value of 3385067. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 2.55. Its current Enterprise Value per Revenue stands at 0.474 whereas that against EBITDA is -0.976.
Stock Price History:
The Beta on a monthly basis for IVDA is 0.78, which has changed by -0.15032679 over the last 52 weeks, in comparison to a change of 0.118204355 over the same period for the S&P500. Over the past 52 weeks, IVDA has reached a high of $8.05, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -18.16%, while the 200-Day Moving Average is calculated to be -46.79%.
Shares Statistics:
For the past three months, IVDA has traded an average of 1.82M shares per day and 9830370 over the past ten days. A total of 2.91M shares are outstanding, with a floating share count of 2.76M. Insiders hold about 5.00% of the company’s shares, while institutions hold 3.03% stake in the company. Shares short for IVDA as of 1759190400 were 308319 with a Short Ratio of 0.17, compared to 1756425600 on 94657. Therefore, it implies a Short% of Shares Outstanding of 308319 and a Short% of Float of 11.12.
