Daily Market Movement: PTL Ltd (PTLE) Sees a 1.74 Increase, Closing at 0.21

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.

The closing price of PTL Ltd (NASDAQ: PTLE) was $0.21 for the day, up 1.74% from the previous closing price of $0.21. In other words, the price has increased by $1.74 from its previous closing price. On the day, 1.92 million shares were traded. PTLE stock price reached its highest trading level at $0.225 during the session, while it also had its lowest trading level at $0.1935.

Ratios:

Our analysis of PTLE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 196.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.00 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, PTLE now has a Market Capitalization of 7876123 and an Enterprise Value of 3119491. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 99.57. Its current Enterprise Value per Revenue stands at 0.032.

Stock Price History:

Over the past 52 weeks, PTLE has reached a high of $15.78, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -57.00%, while the 200-Day Moving Average is calculated to be -92.72%.

Shares Statistics:

PTLE traded an average of 10.40M shares per day over the past three months and 1125220 shares per day over the past ten days. A total of 37.49M shares are outstanding, with a floating share count of 6.68M. Insiders hold about 82.19% of the company’s shares, while institutions hold 0.36% stake in the company. Shares short for PTLE as of 1752537600 were 359864 with a Short Ratio of 0.03, compared to 1749772800 on 921034. Therefore, it implies a Short% of Shares Outstanding of 359864 and a Short% of Float of 2.4.