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, Volcon Inc’s stock clocked out at $0.85, down -14.15% from its previous closing price of $0.99. In other words, the price has decreased by -$14.15 from its previous closing price. On the day, 0.89 million shares were traded.
Ratios:
To gain a deeper understanding of VLCN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.09.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 30 ’24 when SABBY MANAGEMENT, LLC bought 10,000 shares for $1.42 per share. The transaction valued at 14,156 led to the insider holds 774,569 shares of the business.
SABBY MANAGEMENT, LLC bought 21,998 shares of VLCN for $32,907 on Aug 28 ’24. The 10% Owner now owns 761,505 shares after completing the transaction at $1.50 per share. On Aug 29 ’24, another insider, SABBY MANAGEMENT, LLC, who serves as the 10% Owner of the company, bought 3,064 shares for $1.45 each. As a result, the insider paid 4,443 and bolstered with 764,569 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 0.11.
Stock Price History:
Over the past 52 weeks, VLCN has reached a high of $1904.00, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -70.79%, while the 200-Day Moving Average is calculated to be -96.88%.
Shares Statistics:
A total of 0.66M shares are outstanding, with a floating share count of 0.56M. Insiders hold about 0.00% of the company’s shares, while institutions hold 11.21% stake in the company.
