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.
Volato Group Inc (AMEX: SOAR) closed the day trading at $0.23 down -4.40% from the previous closing price of $0.24. In other words, the price has decreased by -$4.40 from its previous closing price. On the day, 1.1 million shares were traded. SOAR stock price reached its highest trading level at $0.2399 during the session, while it also had its lowest trading level at $0.2281.
Ratios:
For a better understanding of SOAR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66.
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 Jun 07 ’24 when Prachar Michael Patrick bought 1,235 shares for $0.80 per share. The transaction valued at 988 led to the insider holds 1,235 shares of the business.
Liotta Matthew bought 6,000 shares of SOAR for $4,860 on Jun 06 ’24. The Chief Executive Officer now owns 4,797,271 shares after completing the transaction at $0.81 per share. On Jun 06 ’24, another insider, Heinen Mark, who serves as the Chief Financial Officer of the company, bought 8,500 shares for $0.80 each. As a result, the insider paid 6,800 and bolstered with 8,500 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOAR now has a Market Capitalization of 6792955 and an Enterprise Value of 38438704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05. Its current Enterprise Value per Revenue stands at 0.527 whereas that against EBITDA is -0.781.
Stock Price History:
Over the past 52 weeks, SOAR has reached a high of $4.50, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -15.55%, while the 200-Day Moving Average is calculated to be -77.70%.
Shares Statistics:
Over the past 3-months, SOAR traded about 17.10M shares per day on average, while over the past 10 days, SOAR traded about 5261210 shares per day. A total of 29.53M shares are outstanding, with a floating share count of 14.90M. Insiders hold about 49.97% of the company’s shares, while institutions hold 3.25% stake in the company. Shares short for SOAR as of 1730332800 were 147534 with a Short Ratio of 0.02, compared to 1727654400 on 376974. Therefore, it implies a Short% of Shares Outstanding of 147534 and a Short% of Float of 0.9599999499999999.
