Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of SAIHEAT Ltd (NASDAQ: SAIH) closed at $5.88 in the last session, up 3.85% from day before closing price of $5.66. In other words, the price has increased by $3.85 from its previous closing price. On the day, 0.18 million shares were traded. SAIH stock price reached its highest trading level at $7.6993 during the session, while it also had its lowest trading level at $5.7.
Ratios:
We take a closer look at SAIH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.75 and its Current Ratio is at 2.96. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.03.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAIH now has a Market Capitalization of 9966913 and an Enterprise Value of 5043840. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.34 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.91 whereas that against EBITDA is -0.789.
Stock Price History:
The Beta on a monthly basis for SAIH is 1.89, which has changed by -0.6120132 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, SAIH has reached a high of $26.98, while it has fallen to a 52-week low of $3.00. The 50-Day Moving Average of the stock is 4.97%, while the 200-Day Moving Average is calculated to be -45.04%.
Shares Statistics:
According to the various share statistics, SAIH traded on average about 36.24K shares per day over the past 3-months and 44990 shares per day over the past 10 days. A total of 10.68M shares are outstanding, with a floating share count of 0.97M. Insiders hold about 90.96% of the company’s shares, while institutions hold 0.02% stake in the company. Shares short for SAIH as of 1745971200 were 16943 with a Short Ratio of 0.47, compared to 1743379200 on 3092. Therefore, it implies a Short% of Shares Outstanding of 16943 and a Short% of Float of 1.6099999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
