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 Virax Biolabs Group Ltd (NASDAQ: VRAX) closed at $2.25 in the last session, up 9.22% from day before closing price of $2.06. In other words, the price has increased by $9.22 from its previous closing price. On the day, 0.64 million shares were traded. VRAX stock price reached its highest trading level at $2.4052 during the session, while it also had its lowest trading level at $1.9512.
Ratios:
We take a closer look at VRAX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.40 and its Current Ratio is at 11.58. 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, VRAX now has a Market Capitalization of 9769410 and an Enterprise Value of 1168690. For the stock, the TTM Price-to-Sale (P/S) ratio is 122.06 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 7.472 whereas that against EBITDA is -0.193.
Stock Price History:
Over the past 52 weeks, VRAX has reached a high of $9.00, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 14.78%, while the 200-Day Moving Average is calculated to be 32.81%.
Shares Statistics:
According to the various share statistics, VRAX traded on average about 1.81M shares per day over the past 3-months and 858750 shares per day over the past 10 days. A total of 4.34M shares are outstanding, with a floating share count of 4.05M. Insiders hold about 6.63% of the company’s shares, while institutions hold 10.28% stake in the company. Shares short for VRAX as of 1730332800 were 446542 with a Short Ratio of 0.05, compared to 1727654400 on 255337. Therefore, it implies a Short% of Shares Outstanding of 446542 and a Short% of Float of 11.01.
