For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Fitell Corp (NASDAQ: FTEL) closed at $7.72 in the last session, up 21.38% from day before closing price of $6.36. In other words, the price has increased by $21.38 from its previous closing price. On the day, 2.31 million shares were traded. FTEL stock price reached its highest trading level at $9.36 during the session, while it also had its lowest trading level at $6.26.
Ratios:
We take a closer look at FTEL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 4.83. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTEL now has a Market Capitalization of 155199792 and an Enterprise Value of 82041480. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.18 while its Price-to-Book (P/B) ratio in mrq is 8.61. Its current Enterprise Value per Revenue stands at 21.209 whereas that against EBITDA is -24.099.
Stock Price History:
Over the past 52 weeks, FTEL has reached a high of $9.90, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is 13.71%, while the 200-Day Moving Average is calculated to be 126.55%.
Shares Statistics:
According to the various share statistics, FTEL traded on average about 554.42K shares per day over the past 3-months and 1045960 shares per day over the past 10 days. A total of 11.12M shares are outstanding, with a floating share count of 4.68M. Insiders hold about 57.91% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for FTEL as of 1713139200 were 122965 with a Short Ratio of 0.22, compared to 1710460800 on 39676. Therefore, it implies a Short% of Shares Outstanding of 122965 and a Short% of Float of 0.8999999999999999.
