Financial Snapshot: Analyzing Allied Gaming & Entertainment Inc (AGAE)’s Key Ratio Metrics

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Allied Gaming & Entertainment Inc (NASDAQ: AGAE) was $1.29 for the day, up 11.21% from the previous closing price of $1.16. In other words, the price has increased by $11.21 from its previous closing price. On the day, 0.22 million shares were traded. AGAE stock price reached its highest trading level at $1.3204 during the session, while it also had its lowest trading level at $1.16.

Ratios:

Our analysis of AGAE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.93 and its Current Ratio is at 4.93. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.06.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 03 ’24 when Choi Roy bought 45,000 shares for $1.26 per share. The transaction valued at 56,700 led to the insider holds 2,871,822 shares of the business.

Choi Roy bought 235,000 shares of AGAE for $298,450 on Jul 02 ’24. The 10% Owner now owns 2,826,822 shares after completing the transaction at $1.27 per share. On Jul 01 ’24, another insider, Choi Roy, who serves as the 10% Owner of the company, bought 80,000 shares for $1.27 each. As a result, the insider paid 101,600 and bolstered with 2,591,822 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, AGAE now has a Market Capitalization of 58714736 and an Enterprise Value of 13631227. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.64 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 1.542 whereas that against EBITDA is -2.56.

Stock Price History:

The Beta on a monthly basis for AGAE is 1.49, which has changed by 0.25242722 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, AGAE has reached a high of $1.50, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 54.78%, while the 200-Day Moving Average is calculated to be 35.97%.

Shares Statistics:

AGAE traded an average of 62.03K shares per day over the past three months and 284750 shares per day over the past ten days. A total of 36.81M shares are outstanding, with a floating share count of 13.09M. Insiders hold about 71.23% of the company’s shares, while institutions hold 2.71% stake in the company. Shares short for AGAE as of 1718323200 were 82756 with a Short Ratio of 1.33, compared to 1715731200 on 82910. Therefore, it implies a Short% of Shares Outstanding of 82756 and a Short% of Float of 0.61000003.

Most Popular