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As of close of business last night, DDC Enterprise Ltd’s stock clocked out at $0.18, down -18.77% from its previous closing price of $0.23. In other words, the price has decreased by -$18.77 from its previous closing price. On the day, 0.67 million shares were traded. DDC stock price reached its highest trading level at $0.2103 during the session, while it also had its lowest trading level at $0.1801.
Ratios:
To gain a deeper understanding of DDC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on January 25, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DDC now has a Market Capitalization of 14702799 and an Enterprise Value of 1797601792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 8.418 whereas that against EBITDA is -165.387.
Stock Price History:
Over the past 52 weeks, DDC has reached a high of $4.09, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.26%, while the 200-Day Moving Average is calculated to be -66.64%.
Shares Statistics:
It appears that DDC traded 1.24M shares on average per day over the past three months and 1149340 shares per day over the past ten days. A total of 31.10M shares are outstanding, with a floating share count of 25.46M. Insiders hold about 6.10% of the company’s shares, while institutions hold 3.30% stake in the company. Shares short for DDC as of 1730332800 were 334782 with a Short Ratio of 0.01, compared to 1727654400 on 197778.
