The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Inno Holdings Inc (NASDAQ: INHD) closed at $1.32 up 0.76% from its previous closing price of $1.31. In other words, the price has increased by $0.76 from its previous closing price. On the day, 0.64 million shares were traded. INHD stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.27.
Ratios:
For a deeper understanding of Inno Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.55 and its Current Ratio is at 8.89. In the meantime, Its Debt-to-Equity ratio is 0.01 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, INHD now has a Market Capitalization of 16412197 and an Enterprise Value of 5892707. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.13 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 2.227 whereas that against EBITDA is -0.985.
Stock Price History:
The Beta on a monthly basis for INHD is -2.28, which has changed by -0.76 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, INHD has reached a high of $19.78, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is -54.52%, while the 200-Day Moving Average is calculated to be -63.82%.
Shares Statistics:
For the past three months, INHD has traded an average of 6.01M shares per day and 1750460 over the past ten days. A total of 7.75M shares are outstanding, with a floating share count of 7.61M. Insiders hold about 37.32% of the company’s shares, while institutions hold 1.28% stake in the company. Shares short for INHD as of 1757894400 were 348090 with a Short Ratio of 0.06, compared to 1755216000 on 122634. Therefore, it implies a Short% of Shares Outstanding of 348090 and a Short% of Float of 3.0.
