Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $0.76 in the prior trading day, CBL International Ltd (NASDAQ: BANL) closed at $0.77, up 0.72%. In other words, the price has increased by $0.72 from its previous closing price. On the day, 1.25 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BANL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.07 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 Sep 03 ’24 when Straits Energy Resources Berha bought 250,000 shares for $0.81 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 4.11.
Stock Price History:
Over the past 52 weeks, BANL has reached a high of $1.35, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -19.14%, while the 200-Day Moving Average is calculated to be -21.38%.
Shares Statistics:
A total of 27.50M shares are outstanding, with a floating share count of 4.18M. Insiders hold about 84.80% of the company’s shares, while institutions hold 0.29% stake in the company.