Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Pheton Holdings Ltd (NASDAQ: PTHL) closed the day trading at $1.65 down -94.67% from the previous closing price of $30.96. In other words, the price has decreased by -$94.67 from its previous closing price. On the day, 9.62 million shares were traded. PTHL stock price reached its highest trading level at $31.63 during the session, while it also had its lowest trading level at $1.48.
Ratios:
For a better understanding of PTHL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.18 and its Current Ratio is at 12.40. In the meantime, Its Debt-to-Equity ratio is 0.04 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, PTHL now has a Market Capitalization of 36164700 and an Enterprise Value of 17600646. For the stock, the TTM Price-to-Sale (P/S) ratio is 52.25 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 39.27 whereas that against EBITDA is -23.234.
Stock Price History:
Over the past 52 weeks, PTHL has reached a high of $32.00, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is -89.49%, while the 200-Day Moving Average is calculated to be -75.59%.
Shares Statistics:
Over the past 3-months, PTHL traded about 1.13M shares per day on average, while over the past 10 days, PTHL traded about 3355230 shares per day. A total of 6.58M shares are outstanding, with a floating share count of 4.16M. Insiders hold about 70.78% of the company’s shares, while institutions hold 0.12% stake in the company. Shares short for PTHL as of 1752537600 were 661725 with a Short Ratio of 0.59, compared to 1749772800 on 121238. Therefore, it implies a Short% of Shares Outstanding of 661725 and a Short% of Float of 16.84.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0