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The closing price of Redwoods Acquisition Corp (NASDAQ: RWOD) was $10.08 for the day, up 26.05% from the previous closing price of $8.00. In other words, the price has increased by $26.05 from its previous closing price. On the day, 6.12 million shares were traded. RWOD stock price reached its highest trading level at $13.1 during the session, while it also had its lowest trading level at $9.3976.
Ratios:
Our analysis of RWOD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.09. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RWOD now has a Market Capitalization of 52065116 and an Enterprise Value of 53497620. As of this moment, Redwoods’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.82.
Stock Price History:
Over the past 52 weeks, RWOD has reached a high of $12.90, while it has fallen to a 52-week low of $7.99. The 50-Day Moving Average of the stock is -5.25%, while the 200-Day Moving Average is calculated to be -3.36%.
Shares Statistics:
RWOD traded an average of 167.06K shares per day over the past three months and 610730 shares per day over the past ten days. A total of 5.17M shares are outstanding, with a floating share count of 1.06M. Insiders hold about 39.65% of the company’s shares, while institutions hold 88.99% stake in the company. Shares short for RWOD as of 1711584000 were 5834 with a Short Ratio of 0.03, compared to 1709164800 on 8330. Therefore, it implies a Short% of Shares Outstanding of 5834 and a Short% of Float of 0.11.
Earnings Estimates
The stock of Redwoods Acquisition Corp (RWOD) is currently in the spotlight, with Redwoods Acquisition Corp. analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $17.96, with high estimates of $39.71 and low estimates of $51.88.
