Closing Bell Recap: Cheer Holding Inc (CHR) Ends at $0.06, Reflecting a -14.86% Downturn

Abby Carey

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.

Cheer Holding Inc (NASDAQ: CHR) closed the day trading at $0.06 down -14.86% from the previous closing price of $0.07. In other words, the price has decreased by -$14.86 from its previous closing price. On the day, 167.29 million shares were traded. CHR stock price reached its highest trading level at $0.0737 during the session, while it also had its lowest trading level at $0.0506.

Ratios:

For a better understanding of CHR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.03. For the most recent quarter (mrq), Quick Ratio is recorded 8.29 and its Current Ratio is at 8.29. In the meantime, Its Debt-to-Equity ratio is 0.03 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, CHR now has a Market Capitalization of 1135773 and an Enterprise Value of -193082464. As of this moment, Cheer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at -1.312 whereas that against EBITDA is -7.354.

Stock Price History:

The Beta on a monthly basis for CHR is 1.02, which has changed by -0.97407407 over the last 52 weeks, in comparison to a change of 0.13355756 over the same period for the S&P500. Over the past 52 weeks, CHR has reached a high of $3.45, while it has fallen to a 52-week low of $0.07. The 50-Day Moving Average of the stock is -85.87%, while the 200-Day Moving Average is calculated to be -95.27%.

Shares Statistics:

Over the past 3-months, CHR traded about 28.47M shares per day on average, while over the past 10 days, CHR traded about 112061960 shares per day. A total of 18.03M shares are outstanding, with a floating share count of 9.89M. Insiders hold about 45.15% of the company’s shares, while institutions hold 11.09% stake in the company. Shares short for CHR as of 1760486400 were 391569 with a Short Ratio of 0.01, compared to 1757894400 on 318374. Therefore, it implies a Short% of Shares Outstanding of 391569 and a Short% of Float of 3.3299996999999997.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.