Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of MultiSensor AI Holdings Inc (NASDAQ: MSAI) was $1.60 for the day, down -1.23% from the previous closing price of $1.62. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 0.19 million shares were traded. MSAI stock price reached its highest trading level at $1.61 during the session, while it also had its lowest trading level at $1.54.
Ratios:
Our analysis of MSAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.27 and its Current Ratio is at 4.66. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on April 15, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MSAI now has a Market Capitalization of 51371680 and an Enterprise Value of 40260968. Its current Enterprise Value per Revenue stands at 5.359 whereas that against EBITDA is -1.867.
Stock Price History:
The Beta on a monthly basis for MSAI is -0.57, which has changed by -0.375 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, MSAI has reached a high of $5.00, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is -8.19%, while the 200-Day Moving Average is calculated to be -21.18%.
Shares Statistics:
MSAI traded an average of 1.07M shares per day over the past three months and 6435170 shares per day over the past ten days. A total of 30.44M shares are outstanding, with a floating share count of 12.39M. Insiders hold about 59.29% of the company’s shares, while institutions hold 49.63% stake in the company. Shares short for MSAI as of 1730332800 were 84917 with a Short Ratio of 0.11, compared to 1727654400 on 88881. Therefore, it implies a Short% of Shares Outstanding of 84917 and a Short% of Float of 0.98.