Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $2.97 in the prior trading day, Avalon GloboCare Corp (NASDAQ: ALBT) closed at $2.27, down -23.57%. In other words, the price has decreased by -$23.57 from its previous closing price. On the day, 0.68 million shares were traded. ALBT stock price reached its highest trading level at $2.5154 during the session, while it also had its lowest trading level at $2.22.
Ratios:
Our goal is to gain a better understanding of ALBT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.19.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALBT now has a Market Capitalization of 6981135 and an Enterprise Value of 23529290. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.89. Its current Enterprise Value per Revenue stands at 29.148 whereas that against EBITDA is -4.118.
Stock Price History:
The Beta on a monthly basis for ALBT is 0.01, which has changed by -0.49555558 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, ALBT has reached a high of $12.60, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is -24.79%, while the 200-Day Moving Average is calculated to be -39.78%.
Shares Statistics:
The stock has traded on average 660.23K shares per day over the past 3-months and 2746540 shares per day over the last 10 days, according to various share statistics. A total of 1.65M shares are outstanding, with a floating share count of 1.14M. Insiders hold about 61.27% of the company’s shares, while institutions hold 0.57% stake in the company. Shares short for ALBT as of 1752537600 were 304673 with a Short Ratio of 0.46, compared to 1749772800 on 6388. Therefore, it implies a Short% of Shares Outstanding of 304673 and a Short% of Float of 17.36.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0