Analysts provide stock recommendations for Treasure Global Inc. (TGL)

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Treasure Global Inc. (NASDAQ: TGL) closed the day trading at $0.28 down -5.17% from the previous closing price of $0.29. In other words, the price has decreased by -$0.0150 from its previous closing price. On the day, 690574 shares were traded. TGL stock price reached its highest trading level at $0.3055 during the session, while it also had its lowest trading level at $0.2700.

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Ratios:

For a better understanding of TGL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 27 when TEO CHONG CHAN bought 121,802 shares for $0.83 per share. The transaction valued at 101,096 led to the insider holds 1,725,997 shares of the business.

HOO VOON HIM sold 1,702,899 shares of TGL for $1,046,431 on Jan 03. The Director now owns 0 shares after completing the transaction at $0.61 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGL now has a Market Capitalization of 4.83M and an Enterprise Value of 2.92M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 0.04 whereas that against EBITDA is -0.30.

Stock Price History:

Over the past 52 weeks, TGL has reached a high of $3.18, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 0.5596, while the 200-Day Moving Average is calculated to be 1.3289.

Shares Statistics:

Over the past 3-months, TGL traded about 163.07K shares per day on average, while over the past 10 days, TGL traded about 194.62k shares per day. A total of 17.32M shares are outstanding, with a floating share count of 10.37M. Insiders hold about 35.00% of the company’s shares, while institutions hold 0.70% stake in the company. Shares short for TGL as of Aug 30, 2023 were 17.26k with a Short Ratio of 0.02M, compared to 197.47k on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.10% and a Short% of Float of 0.14%.

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