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 $0.24 in the prior trading day, Top Wealth Group Holding Ltd (NASDAQ: TWG) closed at $0.22, down -7.79%. In other words, the price has decreased by -$7.79 from its previous closing price. On the day, 1.0 million shares were traded. TWG stock price reached its highest trading level at $0.2473 during the session, while it also had its lowest trading level at $0.2205.
Ratios:
Our goal is to gain a better understanding of TWG by taking a closer look at its different ratios.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWG now has a Market Capitalization of 12600000 and an Enterprise Value of 7369053. Its current Enterprise Value per Revenue stands at 0.435 whereas that against EBITDA is 2.247.
Stock Price History:
Over the past 52 weeks, TWG has reached a high of $13.50, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -88.54%, while the 200-Day Moving Average is calculated to be -83.39%.
Shares Statistics:
The stock has traded on average 9.52M shares per day over the past 3-months and 989380 shares per day over the last 10 days, according to various share statistics. A total of 27.00M shares are outstanding, with a floating share count of 2.00M. Insiders hold about 93.10% of the company’s shares, while institutions hold 0.28% stake in the company. Shares short for TWG as of 1732838400 were 767022 with a Short Ratio of 0.08, compared to 1730332800 on 855957. Therefore, it implies a Short% of Shares Outstanding of 767022 and a Short% of Float of 2.1399999999999997.
