Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Enveric Biosciences Inc (NASDAQ: ENVB) closed the day trading at $0.35 up 1.11% from the previous closing price of $0.35. In other words, the price has increased by $1.11 from its previous closing price. On the day, 0.86 million shares were traded. ENVB stock price reached its highest trading level at $0.3699 during the session, while it also had its lowest trading level at $0.3218.
Ratios:
For a better understanding of ENVB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.56 and its Current Ratio is at 4.56. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENVB now has a Market Capitalization of 3600144 and an Enterprise Value of -246780.
Stock Price History:
The Beta on a monthly basis for ENVB is 0.58, which has changed by -0.64950496 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, ENVB has reached a high of $2.92, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -4.08%, while the 200-Day Moving Average is calculated to be -37.66%.
Shares Statistics:
Over the past 3-months, ENVB traded about 486.51K shares per day on average, while over the past 10 days, ENVB traded about 1447560 shares per day. A total of 10.39M shares are outstanding, with a floating share count of 9.50M. Insiders hold about 8.59% of the company’s shares, while institutions hold 9.09% stake in the company. Shares short for ENVB as of 1730332800 were 330219 with a Short Ratio of 0.14, compared to 1727654400 on 198974. Therefore, it implies a Short% of Shares Outstanding of 330219 and a Short% of Float of 3.73.
