For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.58 in the prior trading day, Enveric Biosciences Inc (NASDAQ: ENVB) closed at $1.65, up 4.43%. In other words, the price has increased by $4.43 from its previous closing price. On the day, 0.88 million shares were traded. ENVB stock price reached its highest trading level at $1.7 during the session, while it also had its lowest trading level at $1.4735.
Ratios:
Our goal is to gain a better understanding of ENVB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.56 and its Current Ratio is at 4.56. 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, ENVB now has a Market Capitalization of 3171151 and an Enterprise Value of -246780.
Stock Price History:
The Beta on a monthly basis for ENVB is 0.55, which has changed by -0.9914882 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ENVB has reached a high of $43.80, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -64.46%, while the 200-Day Moving Average is calculated to be -78.46%.
Shares Statistics:
The stock has traded on average 154.22K shares per day over the past 3-months and 740756 shares per day over the last 10 days, according to various share statistics. A total of 1.92M shares are outstanding, with a floating share count of 1.38M. Insiders hold about 28.23% of the company’s shares, while institutions hold 3.27% stake in the company. Shares short for ENVB as of 1730332800 were 330219 with a Short Ratio of 0.18, compared to 1727654400 on 198974. Therefore, it implies a Short% of Shares Outstanding of 330219 and a Short% of Float of 3.73.
