The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.49 in the prior trading day, Onfolio Holdings Inc (NASDAQ: ONFO) closed at $0.60, up 21.53%. In other words, the price has increased by $21.53 from its previous closing price. On the day, 0.99 million shares were traded. ONFO stock price reached its highest trading level at $0.6198 during the session, while it also had its lowest trading level at $0.452.
Ratios:
Our goal is to gain a better understanding of ONFO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.00 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 May 26 ’23 when Byalik Yury bought 635 shares for $1.17 per share. The transaction valued at 743 led to the insider holds 118,804 shares of the business.
Byalik Yury bought 1,269 shares of ONFO for $1,485 on May 25 ’23. The Head of Strategy & Acquisition now owns 118,169 shares after completing the transaction at $1.17 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, ONFO now has a Market Capitalization of 3041456 and an Enterprise Value of 2076608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 0.396 whereas that against EBITDA is -0.645.
Stock Price History:
Over the past 52 weeks, ONFO has reached a high of $2.40, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 26.97%, while the 200-Day Moving Average is calculated to be -13.82%.
Shares Statistics:
The stock has traded on average 161.60K shares per day over the past 3-months and 981970 shares per day over the last 10 days, according to various share statistics. A total of 5.11M shares are outstanding, with a floating share count of 3.48M. Insiders hold about 31.82% of the company’s shares, while institutions hold 1.16% stake in the company. Shares short for ONFO as of 1711584000 were 20843 with a Short Ratio of 0.13, compared to 1709164800 on 19773. Therefore, it implies a Short% of Shares Outstanding of 20843 and a Short% of Float of 0.58999998.
