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The closing price of Majestic Ideal Holdings Ltd (NASDAQ: MJID) was $1.3 for the day, up 2.36% from the previous closing price of $1.27. In other words, the price has increased by $2.36 from its previous closing price. On the day, 1.45 million shares were traded. MJID stock price reached its highest trading level at $1.49 during the session, while it also had its lowest trading level at $1.18.
Ratios:
Our analysis of MJID’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MJID now has a Market Capitalization of 26650000 and an Enterprise Value of 33540896. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13. Its current Enterprise Value per Revenue stands at 0.383 whereas that against EBITDA is 4090.353.
Stock Price History:
Over the past 52 weeks, MJID has reached a high of $5.40, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -24.87%, while the 200-Day Moving Average is calculated to be -24.87%.
Shares Statistics:
MJID traded an average of 1.32M shares per day over the past three months and 605570 shares per day over the past ten days. A total of 20.50M shares are outstanding, with a floating share count of 6.89M. Therefore, it implies a Short% of Shares Outstanding of 536755 and a Short% of Float of 7.79.
