Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Cheer Holding Inc (NASDAQ: CHR) closed the day trading at $0.16 up 22.64% from the previous closing price of $0.13. In other words, the price has increased by $22.64 from its previous closing price. On the day, 314.87 million shares were traded. CHR stock price reached its highest trading level at $0.1854 during the session, while it also had its lowest trading level at $0.158.
Ratios:
For a better understanding of CHR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.06. For the most recent quarter (mrq), Quick Ratio is recorded 8.29 and its Current Ratio is at 8.29. 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, CHR now has a Market Capitalization of 1872163 and an Enterprise Value of -191894384. As of this moment, Cheer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at -1.304 whereas that against EBITDA is -7.309.
Stock Price History:
The Beta on a monthly basis for CHR is 1.03, which has changed by -0.95076925 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, CHR has reached a high of $3.45, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -84.97%, while the 200-Day Moving Average is calculated to be -90.07%.
Shares Statistics:
Over the past 3-months, CHR traded about 2.38M shares per day on average, while over the past 10 days, CHR traded about 45098030 shares per day. A total of 11.64M shares are outstanding, with a floating share count of 6.38M. Insiders hold about 45.15% of the company’s shares, while institutions hold 19.18% stake in the company. Shares short for CHR as of 1757894400 were 318374 with a Short Ratio of 0.13, compared to 1755216000 on 97493. Therefore, it implies a Short% of Shares Outstanding of 318374 and a Short% of Float of 5.92.
