Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Fitell Corp’s stock clocked out at $9.14, up 2.01% from its previous closing price of $8.96. In other words, the price has increased by $2.01 from its previous closing price. On the day, 1.13 million shares were traded. FTEL stock price reached its highest trading level at $9.9 during the session, while it also had its lowest trading level at $9.04.
Ratios:
To gain a deeper understanding of FTEL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 4.83. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTEL now has a Market Capitalization of 183746912 and an Enterprise Value of 95830280. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.26 while its Price-to-Book (P/B) ratio in mrq is 10.20. Its current Enterprise Value per Revenue stands at 24.774 whereas that against EBITDA is -28.15.
Stock Price History:
Over the past 52 weeks, FTEL has reached a high of $9.20, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is 50.75%, while the 200-Day Moving Average is calculated to be 183.74%.
Shares Statistics:
It appears that FTEL traded 432.39K shares on average per day over the past three months and 1060290 shares per day over the past ten days. A total of 11.12M shares are outstanding, with a floating share count of 4.68M. Insiders hold about 57.91% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for FTEL as of 1711584000 were 80879 with a Short Ratio of 0.19, compared to 1709164800 on 51333. Therefore, it implies a Short% of Shares Outstanding of 80879 and a Short% of Float of 0.9199999999999999.
