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.
After finishing at $1.11 in the prior trading day, Adagio Medical Holdings Inc (NASDAQ: ADGM) closed at $1.00, down -9.46%. In other words, the price has decreased by -$9.46 from its previous closing price. On the day, 0.66 million shares were traded. ADGM stock price reached its highest trading level at $1.135 during the session, while it also had its lowest trading level at $0.98.
Ratios:
Our goal is to gain a better understanding of ADGM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.90 and its Current Ratio is at 4.42. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADGM now has a Market Capitalization of 14607775 and an Enterprise Value of 139838464. For the stock, the TTM Price-to-Sale (P/S) ratio is 31.07 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 350.472 whereas that against EBITDA is -4.817.
Stock Price History:
Over the past 52 weeks, ADGM has reached a high of $11.57, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is -53.21%, while the 200-Day Moving Average is calculated to be -85.19%.
Shares Statistics:
The stock has traded on average 423.97K shares per day over the past 3-months and 2167550 shares per day over the last 10 days, according to various share statistics. A total of 14.54M shares are outstanding, with a floating share count of 14.26M. Insiders hold about 1.92% of the company’s shares, while institutions hold 82.69% stake in the company. Shares short for ADGM as of 1730332800 were 11537 with a Short Ratio of 0.16, compared to 1727654400 on 7895.
