Ratios Reveal: Breaking Down PTL Ltd (PTLE)’s Financial Health

Nora Barnes

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

PTL Ltd (NASDAQ: PTLE) closed the day trading at $0.16 down -5.23% from the previous closing price of $0.17. In other words, the price has decreased by -$5.23 from its previous closing price. On the day, 0.87 million shares were traded. PTLE stock price reached its highest trading level at $0.1744 during the session, while it also had its lowest trading level at $0.161.

Ratios:

For a better understanding of PTLE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 2.94. In the meantime, Its Debt-to-Equity ratio is 0.00 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, PTLE now has a Market Capitalization of 6110463 and an Enterprise Value of 3441556. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 5.70. Its current Enterprise Value per Revenue stands at 0.038.

Stock Price History:

The Beta on a monthly basis for PTLE is -0.82, which has changed by -0.9757405 over the last 52 weeks, in comparison to a change of 0.12607694 over the same period for the S&P500. Over the past 52 weeks, PTLE has reached a high of $15.78, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -13.35%, while the 200-Day Moving Average is calculated to be -73.70%.

Shares Statistics:

Over the past 3-months, PTLE traded about 12.66M shares per day on average, while over the past 10 days, PTLE traded about 738860 shares per day. A total of 48.74M shares are outstanding, with a floating share count of 37.49M. Insiders hold about 23.08% of the company’s shares, while institutions hold 0.55% stake in the company. Shares short for PTLE as of 1763078400 were 804460 with a Short Ratio of 0.06, compared to 1760486400 on 680601. Therefore, it implies a Short% of Shares Outstanding of 804460 and a Short% of Float of 5.37.

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.