Ratios Revealed: Decoding Vision Marine Technologies Inc (VMAR)’s Financial Health

Kiel Thompson

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The closing price of Vision Marine Technologies Inc (NASDAQ: VMAR) was $0.2 for the day, up 0.77% from the previous closing price of $0.19. In other words, the price has increased by $0.77 from its previous closing price. On the day, 3.46 million shares were traded. VMAR stock price reached its highest trading level at $0.2131 during the session, while it also had its lowest trading level at $0.1924.

Ratios:

Our analysis of VMAR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.79.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VMAR now has a Market Capitalization of 4735305 and an Enterprise Value of 2595512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.11. Its current Enterprise Value per Revenue stands at 0.188 whereas that against EBITDA is -0.263.

Stock Price History:

The Beta on a monthly basis for VMAR is 0.32, which has changed by -0.98810977 over the last 52 weeks, in comparison to a change of 0.19362879 over the same period for the S&P500. Over the past 52 weeks, VMAR has reached a high of $39.00, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -76.45%, while the 200-Day Moving Average is calculated to be -94.80%.

Shares Statistics:

VMAR traded an average of 10.04M shares per day over the past three months and 4162880 shares per day over the past ten days. A total of 24.26M shares are outstanding, with a floating share count of 19.08M. Insiders hold about 21.36% of the company’s shares, while institutions hold 1.10% stake in the company. Shares short for VMAR as of 1765756800 were 1971298 with a Short Ratio of 0.20, compared to 1763078400 on 302347. Therefore, it implies a Short% of Shares Outstanding of 1971298 and a Short% of Float of 49.16.

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