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After finishing at $1.70 in the prior trading day, MicroAlgo Inc (NASDAQ: MLGO) closed at $1.71, up 0.59%. In other words, the price has increased by $0.59 from its previous closing price. On the day, 1.84 million shares were traded. MLGO stock price reached its highest trading level at $1.78 during the session, while it also had its lowest trading level at $1.6499.
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 17053556 and an Enterprise Value of -271063008. Its current Enterprise Value per Revenue stands at -0.447 whereas that against EBITDA is 2.511.
Stock Price History:
The Beta on a monthly basis for MLGO is 2.76, which has changed by -0.98614264 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. 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 -44.20%, while the 200-Day Moving Average is calculated to be -95.53%.
Shares Statistics:
The stock has traded on average 2.34M shares per day over the past 3-months and 2675880 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 1735603200 were 1207278 with a Short Ratio of 0.52, compared to 1732838400 on 350657. Therefore, it implies a Short% of Shares Outstanding of 1207278 and a Short% of Float of 12.280000000000001.
