Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Iron Horse Acquisitions Corp’s stock clocked out at $10.07, up 68.68% from its previous closing price of $5.97. In other words, the price has increased by $68.68 from its previous closing price. On the day, 5.55 million shares were traded. IROH stock price reached its highest trading level at $11.99 during the session, while it also had its lowest trading level at $7.62.
Ratios:
To gain a deeper understanding of IROH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.02 and its Current Ratio is at 0.02. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IROH now has a Market Capitalization of 89290688 and an Enterprise Value of 93150520. As of this moment, Iron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.56.
Stock Price History:
The Beta on a monthly basis for IROH is 0.13, which has changed by 0.0008945465 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, IROH has reached a high of $14.71, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is -2.41%, while the 200-Day Moving Average is calculated to be -2.06%.
Shares Statistics:
It appears that IROH traded 37.53K shares on average per day over the past three months and 605340 shares per day over the past ten days. A total of 8.87M shares are outstanding, with a floating share count of 6.46M. Insiders hold about 27.15% of the company’s shares, while institutions hold 73.40% stake in the company. Shares short for IROH as of 1749772800 were 8517 with a Short Ratio of 0.23, compared to 1747267200 on 1093. Therefore, it implies a Short% of Shares Outstanding of 8517 and a Short% of Float of 0.16999999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0