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 ZyVersa Therapeutics Inc (NASDAQ: ZVSA) was $1.42 for the day, up 5.19% from the previous closing price of $1.35. In other words, the price has increased by $5.19 from its previous closing price. On the day, 0.13 million shares were traded. ZVSA stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.33.
Ratios:
Our analysis of ZVSA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.03 and its Current Ratio is at 0.03. 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, ZVSA now has a Market Capitalization of 3561615 and an Enterprise Value of 1043506.
Stock Price History:
The Beta on a monthly basis for ZVSA is 0.37, which has changed by -0.7534722 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, ZVSA has reached a high of $25.00, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is 17.18%, while the 200-Day Moving Average is calculated to be -55.89%.
Shares Statistics:
ZVSA traded an average of 1.97M shares per day over the past three months and 4120640 shares per day over the past ten days. A total of 2.34M shares are outstanding, with a floating share count of 2.34M. Insiders hold about 0.35% of the company’s shares, while institutions hold 3.73% stake in the company. Shares short for ZVSA as of 1730332800 were 45485 with a Short Ratio of 0.01, compared to 1727654400 on 23829. Therefore, it implies a Short% of Shares Outstanding of 45485 and a Short% of Float of 4.24.
