Financial Health Check: Examining Naas Technology Inc ADR (NAAS)’s Key Ratios

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Naas Technology Inc ADR (NASDAQ: NAAS) closed the day trading at $0.70 down -12.69% from the previous closing price of $0.81. In other words, the price has decreased by -$12.69 from its previous closing price. On the day, 1.5 million shares were traded. NAAS stock price reached its highest trading level at $0.8285 during the session, while it also had its lowest trading level at $0.7.

Ratios:

For a better understanding of NAAS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.15.

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 this company, Jefferies on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $4.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAAS now has a Market Capitalization of 181050176 and an Enterprise Value of 2612414720. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12. Its current Enterprise Value per Revenue stands at 8.162 whereas that against EBITDA is -2.451.

Stock Price History:

The Beta on a monthly basis for NAAS is 1.10, which has changed by -0.8995714 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, NAAS has reached a high of $8.39, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -36.23%, while the 200-Day Moving Average is calculated to be -74.37%.

Shares Statistics:

Over the past 3-months, NAAS traded about 1.11M shares per day on average, while over the past 10 days, NAAS traded about 731260 shares per day. A total of 84.77M shares are outstanding, with a floating share count of 83.00M. Insiders hold about 0.95% of the company’s shares, while institutions hold 12.61% stake in the company. Shares short for NAAS as of 1713139200 were 995081 with a Short Ratio of 0.75, compared to 1710460800 on 1874639. Therefore, it implies a Short% of Shares Outstanding of 995081 and a Short% of Float of 0.43.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.02 and -$0.02 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.01, with 1.0 analysts recommending between $0.01 and $0.01.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $936.5M in the next fiscal year. The high estimate is $936.5M and the low estimate is $936.5M.

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