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.
Dominari Holdings Inc (NASDAQ: DOMH) closed the day trading at $8.20 down -17.26% from the previous closing price of $9.91. In other words, the price has decreased by -$17.26 from its previous closing price. On the day, 0.86 million shares were traded.
Ratios:
For a better understanding of DOMH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.25 and its Current Ratio is at 10.25. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 30 ’24 when Hayes Anthony bought 3,482 shares for $2.40 per share. The transaction valued at 8,357 led to the insider holds 223,146 shares of the business.
Hayes Anthony bought 1,158 shares of DOMH for $2,606 on May 29 ’24. The CEO now owns 219,664 shares after completing the transaction at $2.25 per share. On May 29 ’24, another insider, Wool Kyle Michael, who serves as the President of the company, bought 5,000 shares for $2.20 each. As a result, the insider paid 11,000 and bolstered with 27,750 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.11 while its Price-to-Book (P/B) ratio in mrq is 1.34.
Stock Price History:
Over the past 52 weeks, DOMH has reached a high of $13.58, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is 165.69%, while the 200-Day Moving Average is calculated to be 280.14%.
Shares Statistics:
A total of 6.28M shares are outstanding, with a floating share count of 4.23M. Insiders hold about 61.26% of the company’s shares, while institutions hold 4.37% stake in the company.