Financial Metrics Unveiled: BYND Cannasoft Enterprises Inc (BCAN)’s Key Ratios in the Spotlight

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The price of BYND Cannasoft Enterprises Inc (NASDAQ: BCAN) closed at $0.92 in the last session, down -0.44% from day before closing price of $0.92. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 0.75 million shares were traded. BCAN stock price reached its highest trading level at $0.9749 during the session, while it also had its lowest trading level at $0.898.

Ratios:

We take a closer look at BCAN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.75 and its Current Ratio is at 3.75. 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, BCAN now has a Market Capitalization of 8174982 and an Enterprise Value of 855669. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.795 whereas that against EBITDA is -0.163.

Stock Price History:

The Beta on a monthly basis for BCAN is 1.20, which has changed by -0.6347826 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, BCAN has reached a high of $687.80, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -90.25%, while the 200-Day Moving Average is calculated to be -99.20%.

Shares Statistics:

According to the various share statistics, BCAN traded on average about 1.35M shares per day over the past 3-months and 1423990 shares per day over the past 10 days. A total of 42.55M shares are outstanding, with a floating share count of 0.54M. Insiders hold about 30.01% of the company’s shares, while institutions hold 51.89% stake in the company. Shares short for BCAN as of 1713139200 were 410815 with a Short Ratio of 0.31, compared to 1710460800 on 16708. Therefore, it implies a Short% of Shares Outstanding of 410815 and a Short% of Float of 5.38.

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