Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $0.53 in the prior trading day, Alternus Clean Energy Inc (NASDAQ: ALCE) closed at $0.53, down -0.98%. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.3 million shares were traded. ALCE stock price reached its highest trading level at $0.547 during the session, while it also had its lowest trading level at $0.512.
Ratios:
Our goal is to gain a better understanding of ALCE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALCE now has a Market Capitalization of 2354416 and an Enterprise Value of 265977056. Its current Enterprise Value per Revenue stands at 8.913 whereas that against EBITDA is -17.598.
Stock Price History:
Over the past 52 weeks, ALCE has reached a high of $30.25, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -53.93%, while the 200-Day Moving Average is calculated to be -90.48%.
Shares Statistics:
The stock has traded on average 1.21M shares per day over the past 3-months and 1648590 shares per day over the last 10 days, according to various share statistics. A total of 3.49M shares are outstanding, with a floating share count of 1.46M. Insiders hold about 67.37% of the company’s shares, while institutions hold 2.68% stake in the company.
