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.
As of close of business last night, Paranovus Entertainment Technology Ltd’s stock clocked out at $2.1, down -9.87% from its previous closing price of $2.33. In other words, the price has decreased by -$9.87 from its previous closing price. On the day, 0.52 million shares were traded. PAVS stock price reached its highest trading level at $2.4 during the session, while it also had its lowest trading level at $2.027.
Ratios:
To gain a deeper understanding of PAVS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAVS now has a Market Capitalization of 1414074 and an Enterprise Value of 5399902. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 5.99. Its current Enterprise Value per Revenue stands at 0.435 whereas that against EBITDA is -10.823.
Stock Price History:
The Beta on a monthly basis for PAVS is -0.50, which has changed by -0.98274076 over the last 52 weeks, in comparison to a change of 0.19226205 over the same period for the S&P500. Over the past 52 weeks, PAVS has reached a high of $150.00, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is -92.65%, while the 200-Day Moving Average is calculated to be -97.38%.
Shares Statistics:
It appears that PAVS traded 2.50M shares on average per day over the past three months and 4573560 shares per day over the past ten days. A total of 66.72M shares are outstanding, with a floating share count of 0.07M. Insiders hold about 94.74% of the company’s shares, while institutions hold 0.05% stake in the company. Shares short for PAVS as of 1767139200 were 162620 with a Short Ratio of 0.07, compared to 1764288000 on 6549. Therefore, it implies a Short% of Shares Outstanding of 162620 and a Short% of Float of 24.370001.
