Closing Bell Recap: Cetus Capital Acquisition Corp (CETU) Ends at 2.22, Reflecting a -62.18 Downturn

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Cetus Capital Acquisition Corp (NASDAQ: CETU) closed the day trading at $2.22 down -62.18% from the previous closing price of $5.87. In other words, the price has decreased by -$62.18 from its previous closing price. On the day, 0.51 million shares were traded. CETU stock price reached its highest trading level at $5.52 during the session, while it also had its lowest trading level at $2.08.

Ratios:

For a better understanding of CETU, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.01 and its Current Ratio is at 0.01. In the meantime, Its Debt-to-Equity ratio is 0.00 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, CETU now has a Market Capitalization of 10511700 and an Enterprise Value of 23475740. As of this moment, Cetus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.41.

Stock Price History:

The Beta on a monthly basis for CETU is 0.46, which has changed by -0.78488374 over the last 52 weeks, in comparison to a change of 0.22666264 over the same period for the S&P500. Over the past 52 weeks, CETU has reached a high of $16.00, while it has fallen to a 52-week low of $4.71. The 50-Day Moving Average of the stock is -76.45%, while the 200-Day Moving Average is calculated to be -78.14%.

Shares Statistics:

Over the past 3-months, CETU traded about 74.12K shares per day on average, while over the past 10 days, CETU traded about 97960 shares per day. A total of 7.53M shares are outstanding, with a floating share count of 1.71M. Insiders hold about 55.56% of the company’s shares, while institutions hold 44.33% stake in the company. Shares short for CETU as of 1721001600 were 27389 with a Short Ratio of 0.37, compared to 1718323200 on 1258. Therefore, it implies a Short% of Shares Outstanding of 27389 and a Short% of Float of 1.2899999500000001.

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