In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $2.37 in the prior trading day, Digi Power X Inc (NASDAQ: DGXX) closed at $2.59, up 9.28%. In other words, the price has increased by $9.28% from its previous closing price. On the day, 1.3 million shares were traded. DGXX stock price reached its highest trading level at $2.67 during the session, while it also had its lowest trading level at $2.42.
Ratios:
Our goal is to gain a better understanding of DGXX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.87. 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, DGXX now has a Market Capitalization of 94186640 and an Enterprise Value of 95073952. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 3.93. Its current Enterprise Value per Revenue stands at 2.853 whereas that against EBITDA is -13.404.
Stock Price History:
The Beta on a monthly basis for DGXX is 5.98, which has changed by 1.007752 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, DGXX has reached a high of $3.77, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is 64.98%, while the 200-Day Moving Average is calculated to be 57.73%.
Shares Statistics:
The stock has traded on average 1.70M shares per day over the past 3-months and 2223090 shares per day over the last 10 days, according to various share statistics. A total of 36.31M shares are outstanding, with a floating share count of 26.49M. Insiders hold about 28.36% of the company’s shares, while institutions hold 4.74% stake in the company. Shares short for DGXX as of 1748563200 were 791090 with a Short Ratio of 0.47, compared to 1745971200 on 555005. Therefore, it implies a Short% of Shares Outstanding of 791090 and a Short% of Float of 3.4099999999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0