Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Akanda Corp (NASDAQ: AKAN) closed at $1.1 in the last session, down -3.51% from day before closing price of $1.14. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 8.26 million shares were traded. AKAN stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.03.
Ratios:
We take a closer look at AKAN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.08 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, AKAN now has a Market Capitalization of 2503490 and an Enterprise Value of -982341. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at -1.174 whereas that against EBITDA is 0.225.
Stock Price History:
The Beta on a monthly basis for AKAN is 1.61, which has changed by -0.6180556 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, AKAN has reached a high of $4.10, while it has fallen to a 52-week low of $0.93. The 50-Day Moving Average of the stock is -15.32%, while the 200-Day Moving Average is calculated to be -24.51%.
Shares Statistics:
According to the various share statistics, AKAN traded on average about 46.10K shares per day over the past 3-months and 896560 shares per day over the past 10 days. A total of 2.28M shares are outstanding, with a floating share count of 2.28M. Insiders hold about 0.02% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for AKAN as of 1752537600 were 17005 with a Short Ratio of 0.37, compared to 1749772800 on 25285. Therefore, it implies a Short% of Shares Outstanding of 17005 and a Short% of Float of 0.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
