Cineverse Corp (CNVS)’s Day in Review: Closing at 3.62, Down by -4.74

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After finishing at $3.80 in the prior trading day, Cineverse Corp (NASDAQ: CNVS) closed at $3.62, down -4.74%. In other words, the price has decreased by -$4.74 from its previous closing price. On the day, 0.14 million shares were traded. CNVS stock price reached its highest trading level at $3.88 during the session, while it also had its lowest trading level at $3.56.

Ratios:

Our goal is to gain a better understanding of CNVS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNVS now has a Market Capitalization of 57460620 and an Enterprise Value of 57314292. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 1.266 whereas that against EBITDA is 39.149.

Stock Price History:

Over the past 52 weeks, CNVS has reached a high of $4.19, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 66.99%, while the 200-Day Moving Average is calculated to be 177.92%.

Shares Statistics:

The stock has traded on average 316.15K shares per day over the past 3-months and 726070 shares per day over the last 10 days, according to various share statistics. A total of 15.70M shares are outstanding, with a floating share count of 12.92M. Insiders hold about 18.61% of the company’s shares, while institutions hold 15.12% stake in the company. Shares short for CNVS as of 1730332800 were 341941 with a Short Ratio of 1.82, compared to 1727654400 on 119403. Therefore, it implies a Short% of Shares Outstanding of 341941 and a Short% of Float of 2.4699999999999998.

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