Balance Sheet Breakdown: TransCode Therapeutics Inc (RNAZ)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.61 in the prior trading day, TransCode Therapeutics Inc (NASDAQ: RNAZ) closed at $0.59, down -3.87%. In other words, the price has decreased by -$3.87 from its previous closing price. On the day, 0.83 million shares were traded. RNAZ stock price reached its highest trading level at $0.6431 during the session, while it also had its lowest trading level at $0.5457.

Ratios:

Our goal is to gain a better understanding of RNAZ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.17 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, RNAZ now has a Market Capitalization of 10174677 and an Enterprise Value of 7047347.

Stock Price History:

Over the past 52 weeks, RNAZ has reached a high of $21.20, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 83.95%, while the 200-Day Moving Average is calculated to be -51.67%.

Shares Statistics:

The stock has traded on average 1.93M shares per day over the past 3-months and 3598340 shares per day over the last 10 days, according to various share statistics. A total of 17.27M shares are outstanding, with a floating share count of 17.23M. Insiders hold about 0.19% of the company’s shares, while institutions hold 11.46% stake in the company. Shares short for RNAZ as of 1726185600 were 904669 with a Short Ratio of 0.47, compared to 1723680000 on 175766. Therefore, it implies a Short% of Shares Outstanding of 904669 and a Short% of Float of 5.239999699999999.

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