Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Color Star Technology Co Ltd (NASDAQ: ADD) was $0.86 for the day, down -3.12% from the previous closing price of $0.88. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 0.93 million shares were traded. ADD stock price reached its highest trading level at $0.9216 during the session, while it also had its lowest trading level at $0.83.
Ratios:
Our analysis of ADD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.39 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, ADD now has a Market Capitalization of 25277148 and an Enterprise Value of 5617334. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.28 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 3.174 whereas that against EBITDA is -0.779.
Stock Price History:
The Beta on a monthly basis for ADD is 2.69, which has changed by -0.9713333 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, ADD has reached a high of $185.00, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -6.41%, while the 200-Day Moving Average is calculated to be -75.66%.
Shares Statistics:
ADD traded an average of 487.76K shares per day over the past three months and 252300 shares per day over the past ten days. Insiders hold about 4.51% of the company’s shares, while institutions hold 1.45% stake in the company. Shares short for ADD as of 1752537600 were 124963 with a Short Ratio of 0.26, compared to 1749772800 on 235031. Therefore, it implies a Short% of Shares Outstanding of 124963 and a Short% of Float of 0.42.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
