Financial Fitness Check: Examining Nano Labs Ltd (NA)’s Key Ratios

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In the latest session, Nano Labs Ltd (NASDAQ: NA) closed at $7.48 down -6.50% from its previous closing price of $8.0. In other words, the price has decreased by -$6.50 from its previous closing price. On the day, 0.83 million shares were traded. NA stock price reached its highest trading level at $8.3702 during the session, while it also had its lowest trading level at $6.83.

Ratios:

For a deeper understanding of Nano Labs Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.75.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NA now has a Market Capitalization of 176317072 and an Enterprise Value of 311805024. For the stock, the TTM Price-to-Sale (P/S) ratio is 31.26 while its Price-to-Book (P/B) ratio in mrq is 3.71. Its current Enterprise Value per Revenue stands at 7.681 whereas that against EBITDA is -4.0.

Stock Price History:

The Beta on a monthly basis for NA is 3.71, which has changed by 1.1621621 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, NA has reached a high of $31.48, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is 0.42%, while the 200-Day Moving Average is calculated to be 10.94%.

Shares Statistics:

For the past three months, NA has traded an average of 585.21K shares per day and 338810 over the past ten days. A total of 23.57M shares are outstanding, with a floating share count of 7.44M. Insiders hold about 68.44% of the company’s shares, while institutions hold 17.84% stake in the company. Shares short for NA as of 1749772800 were 329297 with a Short Ratio of 0.57, compared to 1747267200 on 122295. Therefore, it implies a Short% of Shares Outstanding of 329297 and a Short% of Float of 6.38.