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Noodles & Company (NASDAQ: NDLS) closed the day trading at $1.34 up 6.35% from the previous closing price of $1.26. In other words, the price has increased by $6.35 from its previous closing price. On the day, 0.55 million shares were traded. NDLS stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.25.
Ratios:
For a better understanding of NDLS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 30.44 whereas as Long-Term Debt/Eq ratio is at 26.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on March 12, 2024, Reiterated its Buy rating but revised its target price to $4 from $5 previously.
On August 11, 2023, The Benchmark Company reiterated its Buy rating and also upped its target price recommendation from $6 to $5.
The Benchmark Company reiterated its Buy rating for the stock on July 05, 2023, while the target price for the stock was revised from $8 to $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NDLS now has a Market Capitalization of 61153312 and an Enterprise Value of 352812288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 6.34. Its current Enterprise Value per Revenue stands at 0.704 whereas that against EBITDA is 11.053.
Stock Price History:
Over the past 52 weeks, NDLS has reached a high of $3.50, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is -15.78%, while the 200-Day Moving Average is calculated to be -36.47%.
Shares Statistics:
Over the past 3-months, NDLS traded about 205.51K shares per day on average, while over the past 10 days, NDLS traded about 116530 shares per day. A total of 44.99M shares are outstanding, with a floating share count of 30.34M. Insiders hold about 33.52% of the company’s shares, while institutions hold 46.35% stake in the company. Shares short for NDLS as of 1723680000 were 789244 with a Short Ratio of 3.55, compared to 1721001600 on 734825. Therefore, it implies a Short% of Shares Outstanding of 789244 and a Short% of Float of 2.1.
