Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.17 in the prior trading day, Electra Battery Materials Corp (NASDAQ: ELBM) closed at $1.23, up 5.13%. In other words, the price has increased by $5.13 from its previous closing price. On the day, 4.91 million shares were traded. ELBM stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.12.
Ratios:
Our goal is to gain a better understanding of ELBM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.07. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELBM now has a Market Capitalization of 18601290 and an Enterprise Value of 68370832.
Stock Price History:
The Beta on a monthly basis for ELBM is 2.47, which has changed by -0.33870965 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, ELBM has reached a high of $2.83, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -20.30%, while the 200-Day Moving Average is calculated to be -33.84%.
Shares Statistics:
The stock has traded on average 56.07K shares per day over the past 3-months and 525670 shares per day over the last 10 days, according to various share statistics. A total of 14.80M shares are outstanding, with a floating share count of 14.61M. Insiders hold about 1.32% of the company’s shares, while institutions hold 4.20% stake in the company. Shares short for ELBM as of 1740700800 were 63295 with a Short Ratio of 1.13, compared to 1738281600 on 29444. Therefore, it implies a Short% of Shares Outstanding of 63295 and a Short% of Float of 0.43.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
