Financial Analysis: Singlepoint Inc (SING)’s Ratios Unveil Key Insights

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As of close of business last night, Singlepoint Inc’s stock clocked out at $0.17, down -12.70% from its previous closing price of $0.20. In other words, the price has decreased by -$12.70 from its previous closing price. On the day, 1.35 million shares were traded. SING stock price reached its highest trading level at $0.1976 during the session, while it also had its lowest trading level at $0.14.

Ratios:

To gain a deeper understanding of SING’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 0.28.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 19 ’23 when Ralston Wil bought 100,000 shares for $5.00 per share. The transaction valued at 500,000 led to the insider holds 137,267 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SING now has a Market Capitalization of 1062365 and an Enterprise Value of 16176202. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01. Its current Enterprise Value per Revenue stands at 0.541 whereas that against EBITDA is -5.548.

Stock Price History:

Over the past 52 weeks, SING has reached a high of $327.08, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -22.62%, while the 200-Day Moving Average is calculated to be -98.19%.

Shares Statistics:

It appears that SING traded 4.24M shares on average per day over the past three months and 2886580 shares per day over the past ten days. A total of 1.13M shares are outstanding, with a floating share count of 1.01M. Insiders hold about 11.17% of the company’s shares, while institutions hold 37.51% stake in the company.

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