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.
Coincheck Group N.V (NASDAQ: CNCK) closed the day trading at $2.24 up 5.16% from the previous closing price of $2.13. In other words, the price has increased by $5.16 from its previous closing price. On the day, 0.88 million shares were traded. CNCK stock price reached its highest trading level at $2.8789 during the session, while it also had its lowest trading level at $2.07.
Ratios:
For a better understanding of CNCK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.00 and its Current Ratio is at 0.00. 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, CNCK now has a Market Capitalization of 293024544 and an Enterprise Value of -7465957376. Its current Enterprise Value per Revenue stands at -0.016 whereas that against EBITDA is 3.946.
Stock Price History:
The Beta on a monthly basis for CNCK is 0.13, which has changed by -0.6748911 over the last 52 weeks, in comparison to a change of 0.14402747 over the same period for the S&P500. Over the past 52 weeks, CNCK has reached a high of $10.52, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is -43.36%, while the 200-Day Moving Average is calculated to be -56.55%.
Shares Statistics:
Over the past 3-months, CNCK traded about 524.81K shares per day on average, while over the past 10 days, CNCK traded about 330810 shares per day. A total of 130.81M shares are outstanding, with a floating share count of 12.02M. Insiders hold about 90.81% of the company’s shares, while institutions hold 2.20% stake in the company. Shares short for CNCK as of 1764288000 were 110907 with a Short Ratio of 0.21, compared to 1761868800 on 123199. Therefore, it implies a Short% of Shares Outstanding of 110907 and a Short% of Float of 0.49.
