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After finishing at $0.98 in the prior trading day, Naas Technology Inc ADR (NASDAQ: NAAS) closed at $1.02, up 4.08%. In other words, the price has increased by $4.08 from its previous closing price. On the day, 0.56 million shares were traded. NAAS stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.96.
Ratios:
Our goal is to gain a better understanding of NAAS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAAS now has a Market Capitalization of 14059170 and an Enterprise Value of 3488507136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 11.497 whereas that against EBITDA is -5.09.
Stock Price History:
The Beta on a monthly basis for NAAS is 0.92, which has changed by -0.95486724 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, NAAS has reached a high of $25.70, while it has fallen to a 52-week low of $0.97. The 50-Day Moving Average of the stock is -31.37%, while the 200-Day Moving Average is calculated to be -69.51%.
Shares Statistics:
The stock has traded on average 1.78M shares per day over the past 3-months and 973650 shares per day over the last 10 days, according to various share statistics. A total of 4.19M shares are outstanding, with a floating share count of 4.15M. Insiders hold about 0.95% of the company’s shares, while institutions hold 1.63% stake in the company. Shares short for NAAS as of 1740700800 were 862844 with a Short Ratio of 0.49, compared to 1738281600 on 315202. Therefore, it implies a Short% of Shares Outstanding of 862844 and a Short% of Float of 18.69.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
