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.
After finishing at $0.49 in the prior trading day, MGO Global Inc (NASDAQ: MGOL) closed at $0.37, down -24.95%. In other words, the price has decreased by -$24.95 from its previous closing price. On the day, 5.85 million shares were traded. MGOL stock price reached its highest trading level at $0.4899 during the session, while it also had its lowest trading level at $0.3425.
Ratios:
Our goal is to gain a better understanding of MGOL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.37 and its Current Ratio is at 14.13. In the meantime, Its Debt-to-Equity ratio is 0.01 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, MGOL now has a Market Capitalization of 3383373 and an Enterprise Value of 4693777. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 0.825 whereas that against EBITDA is -0.467.
Stock Price History:
Over the past 52 weeks, MGOL has reached a high of $18.30, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -75.67%, while the 200-Day Moving Average is calculated to be -88.22%.
Shares Statistics:
The stock has traded on average 2.06M shares per day over the past 3-months and 2176400 shares per day over the last 10 days, according to various share statistics. A total of 2.90M shares are outstanding, with a floating share count of 2.34M. Insiders hold about 19.27% of the company’s shares, while institutions hold 34.47% stake in the company. Shares short for MGOL as of 1730332800 were 82194 with a Short Ratio of 0.93, compared to 1727654400 on 56153. Therefore, it implies a Short% of Shares Outstanding of 82194 and a Short% of Float of 4.19.
