Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $16.00 in the prior trading day, Eldorado Gold Corp (NYSE: EGO) closed at $15.79, down -1.31%. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 1.05 million shares were traded. EGO stock price reached its highest trading level at $15.92 during the session, while it also had its lowest trading level at $15.605.
Ratios:
Our goal is to gain a better understanding of EGO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 3.20. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on May 29, 2024, Upgraded its rating to Outperform and sets its target price to $20 from $14 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EGO now has a Market Capitalization of 3241639424 and an Enterprise Value of 3407300352. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.82, and their Forward P/E ratio for the next fiscal year is 8.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 2.854 whereas that against EBITDA is 5.933.
Stock Price History:
Over the past 52 weeks, EGO has reached a high of $19.06, while it has fallen to a 52-week low of $9.72. The 50-Day Moving Average of the stock is -7.06%, while the 200-Day Moving Average is calculated to be 1.02%.
Shares Statistics:
The stock has traded on average 1.46M shares per day over the past 3-months and 1061480 shares per day over the last 10 days, according to various share statistics. A total of 204.91M shares are outstanding, with a floating share count of 203.44M. Insiders hold about 0.72% of the company’s shares, while institutions hold 78.81% stake in the company. Shares short for EGO as of 1731628800 were 7028743 with a Short Ratio of 3.27, compared to 1728950400 on 5230917.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.85.
