Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Redwoods Acquisition Corp (NASDAQ: RWOD) closed at $6.79 up 6.93% from its previous closing price of $6.35. In other words, the price has increased by $6.93 from its previous closing price. On the day, 0.51 million shares were traded. RWOD stock price reached its highest trading level at $11.0499 during the session, while it also had its lowest trading level at $6.5201.
Ratios:
For a deeper understanding of Redwoods Acquisition Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.09. In the meantime, Its Debt-to-Equity ratio is 0.14 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, RWOD now has a Market Capitalization of 35071640 and an Enterprise Value of 36504132. As of this moment, Redwoods’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.52.
Stock Price History:
Over the past 52 weeks, RWOD has reached a high of $13.10, while it has fallen to a 52-week low of $4.98. The 50-Day Moving Average of the stock is -30.59%, while the 200-Day Moving Average is calculated to be -33.85%.
Shares Statistics:
For the past three months, RWOD has traded an average of 151.16K shares per day and 64900 over the past ten days. A total of 5.17M shares are outstanding, with a floating share count of 1.06M. Insiders hold about 39.65% of the company’s shares, while institutions hold 88.14% stake in the company. Shares short for RWOD as of 1713139200 were 6351 with a Short Ratio of 0.04, compared to 1710460800 on 8381. Therefore, it implies a Short% of Shares Outstanding of 6351 and a Short% of Float of 0.33999999999999997.
