Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Kartoon Studios Inc (AMEX: TOON) was $0.57 for the day, down -3.06% from the previous closing price of $0.59. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 0.12 million shares were traded. TOON stock price reached its highest trading level at $0.6099 during the session, while it also had its lowest trading level at $0.55.
Ratios:
Our analysis of TOON’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TOON now has a Market Capitalization of 25088436 and an Enterprise Value of 44890136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 1.347 whereas that against EBITDA is -2.16.
Stock Price History:
The Beta on a monthly basis for TOON is 2.76, which has changed by -0.55813956 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, TOON has reached a high of $2.01, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is -14.55%, while the 200-Day Moving Average is calculated to be -38.38%.
Shares Statistics:
TOON traded an average of 357.60K shares per day over the past three months and 454570 shares per day over the past ten days. A total of 44.01M shares are outstanding, with a floating share count of 40.96M. Insiders hold about 6.94% of the company’s shares, while institutions hold 6.55% stake in the company. Shares short for TOON as of 1730332800 were 1794531 with a Short Ratio of 7.83, compared to 1727654400 on 1692018. Therefore, it implies a Short% of Shares Outstanding of 1794531 and a Short% of Float of 4.66.
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.
