For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $0.89 in the prior trading day, Electra Battery Materials Corp (NASDAQ: ELBM) closed at $0.85, down -4.42%. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 1.31 million shares were traded. ELBM stock price reached its highest trading level at $0.9 during the session, while it also had its lowest trading level at $0.836.
Ratios:
Our goal is to gain a better understanding of ELBM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.05. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 0.13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELBM now has a Market Capitalization of 79557576 and an Enterprise Value of 150267584.
Stock Price History:
The Beta on a monthly basis for ELBM is 2.71, which has changed by -0.575 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, ELBM has reached a high of $8.70, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -42.14%, while the 200-Day Moving Average is calculated to be -31.65%.
Shares Statistics:
The stock has traded on average 8.52M shares per day over the past 3-months and 2039560 shares per day over the last 10 days, according to various share statistics. A total of 93.65M shares are outstanding, with a floating share count of 90.01M. Insiders hold about 3.89% of the company’s shares, while institutions hold 20.69% stake in the company. Shares short for ELBM as of 1761868800 were 2224805 with a Short Ratio of 0.26, compared to 1759190400 on 2210709. Therefore, it implies a Short% of Shares Outstanding of 2224805 and a Short% of Float of 2.3800000000000003.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts.
Analysts are recommending an EPS of between -$0.06 and -$0.06 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is -$0.13, with 1.0 analysts recommending between -$0.13 and -$0.13.
