Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $0.90 in the prior trading day, DigiAsia Corp (NASDAQ: FAAS) closed at $0.76, down -15.36%. In other words, the price has decreased by -$15.36 from its previous closing price. On the day, 1.16 million shares were traded. FAAS stock price reached its highest trading level at $1.0199 during the session, while it also had its lowest trading level at $0.7617.
Ratios:
Our goal is to gain a better understanding of FAAS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.02 and its Current Ratio is at 0.02. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Marepally Bhargava bought 110 shares for $900.00 per share. The transaction valued at 99,000 led to the insider holds 110 shares of the business.
Antony Prabhu bought 230 shares of FAAS for $396,750 on Mar 12 ’24. The President and CFO now owns 230 shares after completing the transaction at $1725.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAAS now has a Market Capitalization of 46228944 and an Enterprise Value of -6631318. Its current Enterprise Value per Revenue stands at -0.115 whereas that against EBITDA is 3.687.
Stock Price History:
The Beta on a monthly basis for FAAS is -0.23, which has changed by -0.914204 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, FAAS has reached a high of $13.99, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 8.02%, while the 200-Day Moving Average is calculated to be -78.68%.
Shares Statistics:
The stock has traded on average 465.70K shares per day over the past 3-months and 1022730 shares per day over the last 10 days, according to various share statistics. A total of 10.69M shares are outstanding, with a floating share count of 3.22M. Insiders hold about 69.86% of the company’s shares, while institutions hold 5.02% stake in the company. Shares short for FAAS as of 1735603200 were 529669 with a Short Ratio of 1.14, compared to 1732838400 on 475540. Therefore, it implies a Short% of Shares Outstanding of 529669 and a Short% of Float of 2.1.
