Closing Figures: Singlepoint Inc (SING)’s Negative Finish at 3.19, Down -14.93

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After finishing at $3.75 in the prior trading day, Singlepoint Inc (AMEX: SING) closed at $3.19, down -14.93%. In other words, the price has decreased by -$14.93 from its previous closing price. On the day, 0.79 million shares were traded. SING stock price reached its highest trading level at $3.6 during the session, while it also had its lowest trading level at $2.7.

Ratios:

Our goal is to gain a better understanding of SING by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.31. In the meantime, Its Debt-to-Equity ratio is 2.97 whereas as Long-Term Debt/Eq ratio is at 0.80.

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 19 ’23 when Ralston Wil bought 100,000 shares for $5.00 per share. The transaction valued at 500,000 led to the insider holds 137,267 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SING now has a Market Capitalization of 75907968 and an Enterprise Value of 4796911. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 7.96. Its current Enterprise Value per Revenue stands at 0.182 whereas that against EBITDA is -0.322.

Stock Price History:

The Beta on a monthly basis for SING is -0.65, which has changed by 2.9974937 over the last 52 weeks, in comparison to a change of 0.2623955 over the same period for the S&P500. Over the past 52 weeks, SING has reached a high of $10842.00, while it has fallen to a 52-week low of $3.36. The 50-Day Moving Average of the stock is -78.36%, while the 200-Day Moving Average is calculated to be -98.68%.

Shares Statistics:

The stock has traded on average 132.45K shares per day over the past 3-months and 4046060 shares per day over the last 10 days, according to various share statistics. A total of 4.35M shares are outstanding, with a floating share count of 0.22M. Insiders hold about 7.85% of the company’s shares, while institutions hold 2.33% stake in the company.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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