Daily Progress: Nano Labs Ltd (NA) Drop -19.59, Closing at 4.76

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Nano Labs Ltd (NASDAQ: NA) closed at $4.76 down -19.59% from its previous closing price of $5.92. In other words, the price has decreased by -$19.59 from its previous closing price. On the day, 0.51 million shares were traded. NA stock price reached its highest trading level at $5.8887 during the session, while it also had its lowest trading level at $4.58.

Ratios:

For a deeper understanding of Nano Labs Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.75.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NA now has a Market Capitalization of 112201776 and an Enterprise Value of 240958304. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.89 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 5.936 whereas that against EBITDA is -3.092.

Stock Price History:

The Beta on a monthly basis for NA is 3.66, which has changed by 0.39999998 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, NA has reached a high of $31.48, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is -39.93%, while the 200-Day Moving Average is calculated to be -28.54%.

Shares Statistics:

For the past three months, NA has traded an average of 646.79K shares per day and 510700 over the past ten days. A total of 23.57M shares are outstanding, with a floating share count of 12.36M. Insiders hold about 68.44% of the company’s shares, while institutions hold 17.84% stake in the company. Shares short for NA as of 1752537600 were 324227 with a Short Ratio of 0.50, compared to 1749772800 on 329297. Therefore, it implies a Short% of Shares Outstanding of 324227 and a Short% of Float of 2.69.