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After finishing at $0.72 in the prior trading day, Noodles & Company (NASDAQ: NDLS) closed at $0.61, down -15.12%. In other words, the price has decreased by -$15.12 from its previous closing price. On the day, 2.04 million shares were traded. NDLS stock price reached its highest trading level at $0.7599 during the session, while it also had its lowest trading level at $0.5522.
Ratios:
Our goal is to gain a better understanding of NDLS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on March 12, 2024, Reiterated its Buy rating but revised its target price to $4 from $5 previously.
On August 11, 2023, The Benchmark Company reiterated its Buy rating and also upped its target price recommendation from $6 to $5.
The Benchmark Company reiterated its Buy rating for the stock on July 05, 2023, while the target price for the stock was revised from $8 to $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NDLS now has a Market Capitalization of 27910738 and an Enterprise Value of 316735776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 0.639 whereas that against EBITDA is 16.629.
Stock Price History:
The Beta on a monthly basis for NDLS is 1.67, which has changed by -0.6347306 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, NDLS has reached a high of $1.93, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -28.31%, while the 200-Day Moving Average is calculated to be -40.46%.
Shares Statistics:
The stock has traded on average 122.63K shares per day over the past 3-months and 284460 shares per day over the last 10 days, according to various share statistics. A total of 45.94M shares are outstanding, with a floating share count of 31.91M. Insiders hold about 30.55% of the company’s shares, while institutions hold 36.87% stake in the company. Shares short for NDLS as of 1749772800 were 724352 with a Short Ratio of 5.91, compared to 1747267200 on 621054. Therefore, it implies a Short% of Shares Outstanding of 724352 and a Short% of Float of 1.9199998999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
