For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of MicroAlgo Inc (NASDAQ: MLGO) closed at $10.15 in the last session, down -3.33% from day before closing price of $10.5. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 0.51 million shares were traded. MLGO stock price reached its highest trading level at $10.48 during the session, while it also had its lowest trading level at $9.81.
Ratios:
We take a closer look at MLGO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.02. For the most recent quarter (mrq), Quick Ratio is recorded 6.11 and its Current Ratio is at 6.11. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLGO now has a Market Capitalization of 111057232 and an Enterprise Value of -994149824. As of this moment, MicroAlgo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at -1.836 whereas that against EBITDA is -48.571.
Stock Price History:
The Beta on a monthly basis for MLGO is -1.50, which has changed by -0.9719458 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, MLGO has reached a high of $972.00, while it has fallen to a 52-week low of $8.52. The 50-Day Moving Average of the stock is -47.63%, while the 200-Day Moving Average is calculated to be -91.11%.
Shares Statistics:
According to the various share statistics, MLGO traded on average about 1.20M shares per day over the past 3-months and 588750 shares per day over the past 10 days. Insiders hold about 18.56% of the company’s shares, while institutions hold 0.17% stake in the company. Shares short for MLGO as of 1753920000 were 509819 with a Short Ratio of 0.42, compared to 1751241600 on 442665. Therefore, it implies a Short% of Shares Outstanding of 509819 and a Short% of Float of 4.6899999999999995.
