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 price of ReShape Lifesciences Inc (NASDAQ: RSLS) closed at $3.35 in the last session, up 10.93% from day before closing price of $3.02. In other words, the price has increased by $10.93 from its previous closing price. On the day, 2.75 million shares were traded. RSLS stock price reached its highest trading level at $3.55 during the session, while it also had its lowest trading level at $3.07.
Ratios:
We take a closer look at RSLS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSLS now has a Market Capitalization of 7992966 and an Enterprise Value of 88227. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 0.012 whereas that against EBITDA is -0.014.
Stock Price History:
The Beta on a monthly basis for RSLS is 1.18, which has changed by -0.9890505 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, RSLS has reached a high of $323.35, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is -8.06%, while the 200-Day Moving Average is calculated to be -94.53%.
Shares Statistics:
According to the various share statistics, RSLS traded on average about 2.60M shares per day over the past 3-months and 594460 shares per day over the past 10 days. A total of 2.39M shares are outstanding, with a floating share count of 2.19M. Insiders hold about 8.37% of the company’s shares, while institutions hold 10.04% stake in the company. Shares short for RSLS as of 1751241600 were 206327 with a Short Ratio of 0.08, compared to 1748563200 on 33655. Therefore, it implies a Short% of Shares Outstanding of 206327 and a Short% of Float of 8.649999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
