Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $10.09 in the prior trading day, Ero Copper Corp (NYSE: ERO) closed at $9.65, down -4.36%. In other words, the price has decreased by -$4.36 from its previous closing price. On the day, 0.58 million shares were traded. ERO stock price reached its highest trading level at $10.58 during the session, while it also had its lowest trading level at $9.52.
Ratios:
Our goal is to gain a better understanding of ERO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 0.96.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERO now has a Market Capitalization of 999469760 and an Enterprise Value of 1600008576. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 3.402 whereas that against EBITDA is 8.339.
Stock Price History:
The Beta on a monthly basis for ERO is 1.30, which has changed by -0.5445965 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, ERO has reached a high of $24.34, while it has fallen to a 52-week low of $9.37. The 50-Day Moving Average of the stock is -24.61%, while the 200-Day Moving Average is calculated to be -42.97%.
Shares Statistics:
The stock has traded on average 518.89K shares per day over the past 3-months and 554880 shares per day over the last 10 days, according to various share statistics. A total of 103.56M shares are outstanding, with a floating share count of 94.46M. Insiders hold about 8.80% of the company’s shares, while institutions hold 71.77% stake in the company. Shares short for ERO as of 1741910400 were 4853133 with a Short Ratio of 9.35, compared to 1739491200 on 4988978.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
