Daily Market Movement: Smart Logistics Global Ltd (SLGB) Sees a 8.62% Increase, Closing at $3.15

Nora Barnes

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of Smart Logistics Global Ltd (NASDAQ: SLGB) was $3.15 for the day, up 8.62% from the previous closing price of $2.9. In other words, the price has increased by $8.62 from its previous closing price. On the day, 1.07 million shares were traded. SLGB stock price reached its highest trading level at $3.57 during the session, while it also had its lowest trading level at $2.91.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLGB now has a Market Capitalization of 129150000 and an Enterprise Value of 146516016. Its current Enterprise Value per Revenue stands at 0.216 whereas that against EBITDA is 10.96.

Stock Price History:

Over the past 52 weeks, SLGB has reached a high of $6.08, while it has fallen to a 52-week low of $2.42. The 50-Day Moving Average of the stock is -16.53%, while the 200-Day Moving Average is calculated to be -16.53%.

Shares Statistics:

SLGB traded an average of 2.13M shares per day over the past three months and 2003730 shares per day over the past ten days. Therefore, it implies a Short% of Shares Outstanding of 0 and a Short% of Float of 0.0.

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