In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Ensysce Biosciences Inc (NASDAQ: ENSC) closed at $2.09 in the last session, up 0.48% from day before closing price of $2.08. In other words, the price has increased by $0.48 from its previous closing price. On the day, 14.94 million shares were traded. ENSC stock price reached its highest trading level at $2.365 during the session, while it also had its lowest trading level at $1.95.
Ratios:
We take a closer look at ENSC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 0.08 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, ENSC now has a Market Capitalization of 4954763 and an Enterprise Value of 313890. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.05.
Stock Price History:
The Beta on a monthly basis for ENSC is 1.02, which has changed by -0.6917404 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, ENSC has reached a high of $14.67, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is -5.16%, while the 200-Day Moving Average is calculated to be -56.15%.
Shares Statistics:
According to the various share statistics, ENSC traded on average about 205.13K shares per day over the past 3-months and 1555520 shares per day over the past 10 days. A total of 2.37M shares are outstanding, with a floating share count of 2.33M. Insiders hold about 1.53% of the company’s shares, while institutions hold 14.90% stake in the company. Shares short for ENSC as of 1752537600 were 159408 with a Short Ratio of 0.78, compared to 1749772800 on 293215. Therefore, it implies a Short% of Shares Outstanding of 159408 and a Short% of Float of 6.800000000000001.
