Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $0.79 in the prior trading day, Naas Technology Inc ADR (NASDAQ: NAAS) closed at $0.77, down -1.56%. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 0.91 million shares were traded. NAAS stock price reached its highest trading level at $0.91 during the session, while it also had its lowest trading level at $0.76.
Ratios:
Our goal is to gain a better understanding of NAAS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.66.
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, Jefferies on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAAS now has a Market Capitalization of 2668818 and an Enterprise Value of 2827212032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 9.317 whereas that against EBITDA is -4.125.
Stock Price History:
The Beta on a monthly basis for NAAS is 1.01, which has changed by -0.9111239 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, NAAS has reached a high of $41.80, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -39.12%, while the 200-Day Moving Average is calculated to be -88.64%.
Shares Statistics:
The stock has traded on average 938.84K shares per day over the past 3-months and 2817570 shares per day over the last 10 days, according to various share statistics. A total of 1.05M shares are outstanding, with a floating share count of 1.04M. Insiders hold about 0.95% of the company’s shares, while institutions hold 4.20% stake in the company. Shares short for NAAS as of 1749772800 were 167477 with a Short Ratio of 0.18, compared to 1747267200 on 118289.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for NAAS’s current fiscal year. The highest revenue estimate was $196.68M, while the lowest revenue estimate was $196.68M, resulting in an average revenue estimate of $196.68M. In the same quarter a year ago, actual revenue was $320.08MBased on 1 analysts’ estimates, the company’s revenue will be $233.1M in the next fiscal year. The high estimate is $233.1M and the low estimate is $233.1M.
