Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Arena Group Holdings Inc’s stock clocked out at $1.29, down -5.15% from its previous closing price of $1.36. In other words, the price has decreased by -$5.15 from its previous closing price. On the day, 99144.0 shares were traded. AREN stock price reached its highest trading level at $1.372 during the session, while it also had its lowest trading level at $1.18.
Ratios:
To gain a deeper understanding of AREN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 28 ’24 when Edmondson Paul Taylor sold 84,148 shares for $0.85 per share. The transaction valued at 71,526 led to the insider holds 8,334 shares of the business.
Simplify Inventions, LLC bought 5,555,555 shares of AREN for $11,999,999 on Feb 14 ’24. The 10% Owner now owns 16,067,791 shares after completing the transaction at $2.16 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AREN now has a Market Capitalization of 61230752 and an Enterprise Value of 172327360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38. Its current Enterprise Value per Revenue stands at 0.725 whereas that against EBITDA is -13.707.
Stock Price History:
The Beta on a monthly basis for AREN is 0.48, which has changed by -0.065217376 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, AREN has reached a high of $2.35, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is 1.99%, while the 200-Day Moving Average is calculated to be 36.11%.
Shares Statistics:
It appears that AREN traded 1.83M shares on average per day over the past three months and 77320 shares per day over the past ten days. A total of 47.45M shares are outstanding, with a floating share count of 9.26M. Insiders hold about 80.48% of the company’s shares, while institutions hold 3.93% stake in the company. Shares short for AREN as of 1730332800 were 258350 with a Short Ratio of 0.08, compared to 1727654400 on 277523. Therefore, it implies a Short% of Shares Outstanding of 258350 and a Short% of Float of 2.02.
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 and $0 for the fiscal current year, implying an average EPS of $0.
