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 $2.95 in the prior trading day, MicroAlgo Inc (NASDAQ: MLGO) closed at $2.65, down -10.17%. In other words, the price has decreased by -$10.17 from its previous closing price. On the day, 4.05 million shares were traded. MLGO stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.5401.
Ratios:
Our goal is to gain a better understanding of MLGO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.30 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, MLGO now has a Market Capitalization of 29419772 and an Enterprise Value of -254745152. Its current Enterprise Value per Revenue stands at -0.42 whereas that against EBITDA is 2.359.
Stock Price History:
Over the past 52 weeks, MLGO has reached a high of $509.60, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -23.70%, while the 200-Day Moving Average is calculated to be -93.61%.
Shares Statistics:
The stock has traded on average 2.40M shares per day over the past 3-months and 8063090 shares per day over the last 10 days, according to various share statistics. A total of 9.97M shares are outstanding, with a floating share count of 9.74M. Insiders hold about 2.38% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for MLGO as of 1734048000 were 217458 with a Short Ratio of 0.15, compared to 1731628800 on 272514. Therefore, it implies a Short% of Shares Outstanding of 217458 and a Short% of Float of 2.21.
