Daily Progress: Virax Biolabs Group Ltd (VRAX) Gain 14.20, Closing at 1.85

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In the latest session, Virax Biolabs Group Ltd (NASDAQ: VRAX) closed at $1.85 up 14.20% from its previous closing price of $1.62. In other words, the price has increased by $14.20 from its previous closing price. On the day, 1.72 million shares were traded. VRAX stock price reached its highest trading level at $2.1691 during the session, while it also had its lowest trading level at $1.5304.

Ratios:

For a deeper understanding of Virax Biolabs Group Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 25.58 and its Current Ratio is at 25.94. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRAX now has a Market Capitalization of 8032626 and an Enterprise Value of 1091473. For the stock, the TTM Price-to-Sale (P/S) ratio is 50.18 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 6.978 whereas that against EBITDA is -0.18.

Stock Price History:

Over the past 52 weeks, VRAX has reached a high of $9.00, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -29.61%, while the 200-Day Moving Average is calculated to be 30.11%.

Shares Statistics:

For the past three months, VRAX has traded an average of 4.59M shares per day and 617030 over the past ten days. A total of 4.34M shares are outstanding, with a floating share count of 4.05M. Insiders hold about 6.63% of the company’s shares, while institutions hold 1.63% stake in the company. Shares short for VRAX as of 1726185600 were 175571 with a Short Ratio of 0.04, compared to 1723680000 on 260590. Therefore, it implies a Short% of Shares Outstanding of 175571 and a Short% of Float of 4.33.

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