Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Strong Global Entertainment Inc (AMEX: SGE) closed the day trading at $2.02 up 7.45% from the previous closing price of $1.88. In other words, the price has increased by $7.45 from its previous closing price. On the day, 0.87 million shares were traded. SGE stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $1.5701.
Ratios:
For a better understanding of SGE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 0.74.
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 Dec 11 ’23 when Roberson Mark D. bought 500 shares for $1.43 per share. The transaction valued at 715 led to the insider holds 20,950 shares of the business.
Roberson Mark D. bought 800 shares of SGE for $1,129 on Dec 08 ’23. The CEO and Director now owns 20,450 shares after completing the transaction at $1.41 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, SGE now has a Market Capitalization of 15913237 and an Enterprise Value of 18448342. As of this moment, Strong’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 0.433 whereas that against EBITDA is 15.297.
Stock Price History:
The Beta on a monthly basis for SGE is 0.81, which has changed by -0.49326146 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, SGE has reached a high of $4.35, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is 56.26%, while the 200-Day Moving Average is calculated to be 21.62%.
Shares Statistics:
Over the past 3-months, SGE traded about 1.27M shares per day on average, while over the past 10 days, SGE traded about 7715040 shares per day. A total of 7.88M shares are outstanding, with a floating share count of 1.73M. Insiders hold about 78.01% of the company’s shares, while institutions hold 0.16% stake in the company. Shares short for SGE as of 1713139200 were 383 with a Short Ratio of 0.00, compared to 1710460800 on 9572. Therefore, it implies a Short% of Shares Outstanding of 383 and a Short% of Float of 0.02.
