Analytical Overview: Phoenix Motor Inc (PEV)’s Ratios Tell a Financial Story

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

As of close of business last night, Phoenix Motor Inc’s stock clocked out at $0.25, up 5.46% from its previous closing price of $0.24. In other words, the price has increased by $5.46 from its previous closing price. On the day, 0.66 million shares were traded. PEV stock price reached its highest trading level at $0.2637 during the session, while it also had its lowest trading level at $0.2336.

Ratios:

To gain a deeper understanding of PEV’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.16.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEV now has a Market Capitalization of 9374476 and an Enterprise Value of 17781474. Its current Enterprise Value per Revenue stands at 0.822 whereas that against EBITDA is -0.923.

Stock Price History:

The Beta on a monthly basis for PEV is 1.25, which has changed by -0.80697674 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, PEV has reached a high of $1.44, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -17.01%, while the 200-Day Moving Average is calculated to be -47.47%.

Shares Statistics:

It appears that PEV traded 1.55M shares on average per day over the past three months and 622940 shares per day over the past ten days. A total of 35.40M shares are outstanding, with a floating share count of 19.59M. Insiders hold about 47.98% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for PEV as of 1736899200 were 1089478 with a Short Ratio of 0.70, compared to 1734048000 on 552150. Therefore, it implies a Short% of Shares Outstanding of 1089478 and a Short% of Float of 13.63.

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