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.
Eldorado Gold Corp (NYSE: EGO) closed the day trading at $19.41 up 1.89% from the previous closing price of $19.05. In other words, the price has increased by $1.89 from its previous closing price. On the day, 1.82 million shares were traded. EGO stock price reached its highest trading level at $19.53 during the session, while it also had its lowest trading level at $19.0801.
Ratios:
For a better understanding of EGO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 155.97. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on May 29, 2024, Upgraded its rating to Outperform and sets its target price to $20 from $14 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EGO now has a Market Capitalization of 3988172544 and an Enterprise Value of 3897650688. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.78, and their Forward P/E ratio for the next fiscal year is 7.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 2.947 whereas that against EBITDA is 5.813.
Stock Price History:
The Beta on a monthly basis for EGO is 0.38, which has changed by 0.27697372 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, EGO has reached a high of $20.65, while it has fallen to a 52-week low of $13.29. The 50-Day Moving Average of the stock is 20.72%, while the 200-Day Moving Average is calculated to be 18.74%.
Shares Statistics:
Over the past 3-months, EGO traded about 2.19M shares per day on average, while over the past 10 days, EGO traded about 2384420 shares per day. A total of 204.95M shares are outstanding, with a floating share count of 204.00M. Insiders hold about 0.71% of the company’s shares, while institutions hold 82.07% stake in the company. Shares short for EGO as of 1743379200 were 6850136 with a Short Ratio of 3.13, compared to 1740700800 on 6027830.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.85. The current Payout Ratio is 0.00% for EGO, which recently paid a dividend on 2017-03-03 with an ex-dividend date of 1488499200. Stock splits for the company last occurred on 2018-12-31 when the company split stock in a 1:5 ratio.
