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.
In the latest session, Fatpipe Inc (NASDAQ: FATN) closed at $9.62 down -5.36% from its previous closing price of $10.16. In other words, the price has decreased by -$5.36 from its previous closing price. On the day, 58045.0 shares were traded. FATN stock price reached its highest trading level at $10.15 during the session, while it also had its lowest trading level at $9.25.
Ratios:
For a deeper understanding of Fatpipe Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FATN now has a Market Capitalization of 132006600 and an Enterprise Value of 135022832. Its current Enterprise Value per Revenue stands at 7.553 whereas that against EBITDA is 21.091.
Stock Price History:
Over the past 52 weeks, FATN has reached a high of $23.27, while it has fallen to a 52-week low of $5.60. The 50-Day Moving Average of the stock is 3.12%, while the 200-Day Moving Average is calculated to be 3.12%.
Shares Statistics:
For the past three months, FATN has traded an average of 807.38K shares per day and 136010 over the past ten days. A total of 13.72M shares are outstanding, with a floating share count of 8.66M.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0