Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
SolarBank Corporation (NASDAQ: SUUN) closed the day trading at $1.82 up 2.82% from the previous closing price of $1.77. In other words, the price has increased by $2.82 from its previous closing price. On the day, 0.42 million shares were traded. SUUN stock price reached its highest trading level at $1.8399 during the session, while it also had its lowest trading level at $1.75.
Ratios:
For a better understanding of SUUN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.27.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SUUN now has a Market Capitalization of 66756328 and an Enterprise Value of 130864512. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 3.529 whereas that against EBITDA is -29.703.
Stock Price History:
The Beta on a monthly basis for SUUN is 0.18, which has changed by -0.69631237 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, SUUN has reached a high of $6.65, while it has fallen to a 52-week low of $1.23. The 50-Day Moving Average of the stock is -4.92%, while the 200-Day Moving Average is calculated to be -38.50%.
Shares Statistics:
Over the past 3-months, SUUN traded about 316.12K shares per day on average, while over the past 10 days, SUUN traded about 712890 shares per day. A total of 35.03M shares are outstanding, with a floating share count of 22.66M. Insiders hold about 35.82% of the company’s shares, while institutions hold 4.20% stake in the company. Shares short for SUUN as of 1748563200 were 179694 with a Short Ratio of 0.57, compared to 1745971200 on 183886.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
