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 Baird Medical Investment Holdings Limited (NASDAQ: BDMD) was $1.03 for the day, down -8.85% from the previous closing price of $1.13. In other words, the price has decreased by -$8.85 from its previous closing price. On the day, 0.62 million shares were traded. BDMD stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $0.9912.
Ratios:
Our analysis of BDMD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.17.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BDMD now has a Market Capitalization of 37827676 and an Enterprise Value of 47442812. Its current Enterprise Value per Revenue stands at 1.489 whereas that against EBITDA is 51.601.
Stock Price History:
The Beta on a monthly basis for BDMD is -1.07, which has changed by -0.8563459 over the last 52 weeks, in comparison to a change of 0.15024745 over the same period for the S&P500. Over the past 52 weeks, BDMD has reached a high of $9.85, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is -24.15%, while the 200-Day Moving Average is calculated to be -64.03%.
Shares Statistics:
BDMD traded an average of 148.85K shares per day over the past three months and 159650 shares per day over the past ten days. A total of 36.73M shares are outstanding, with a floating share count of 13.01M. Insiders hold about 64.57% of the company’s shares, while institutions hold 8.73% stake in the company. Shares short for BDMD as of 1767139200 were 205875 with a Short Ratio of 1.38, compared to 1764288000 on 177772. Therefore, it implies a Short% of Shares Outstanding of 205875 and a Short% of Float of 1.53.
