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.
The closing price of Robin Energy Ltd (NASDAQ: RBNE) was $2.93 for the day, down -1.01% from the previous closing price of $2.96. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 0.1 million shares were traded. RBNE stock price reached its highest trading level at $3.03 during the session, while it also had its lowest trading level at $2.85.
Ratios:
Our analysis of RBNE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.35 and its Current Ratio is at 4.39. In the meantime, Its Debt-to-Equity ratio is 0.00 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, RBNE now has a Market Capitalization of 8220839.
Stock Price History:
Over the past 52 weeks, RBNE has reached a high of $123.25, while it has fallen to a 52-week low of $2.78. The 50-Day Moving Average of the stock is -36.53%, while the 200-Day Moving Average is calculated to be -73.85%.
Shares Statistics:
RBNE traded an average of 318.77K shares per day over the past three months and 324842 shares per day over the past ten days. A total of 12.63M shares are outstanding, with a floating share count of 2.68M. Insiders hold about 4.14% of the company’s shares, while institutions hold 4.24% stake in the company. Shares short for RBNE as of 1765756800 were 127431 with a Short Ratio of 0.40, compared to 1763078400 on 177726. Therefore, it implies a Short% of Shares Outstanding of 127431 and a Short% of Float of 5.0.
