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In the latest session, Akanda Corp (NASDAQ: AKAN) closed at $0.09 up 0.32% from its previous closing price of $0.09. In other words, the price has increased by $0.32 from its previous closing price. On the day, 4.19 million shares were traded. AKAN stock price reached its highest trading level at $0.11 during the session, while it also had its lowest trading level at $0.093.
Ratios:
For a deeper understanding of Akanda Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AKAN now has a Market Capitalization of 1126220 and an Enterprise Value of 4853079. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 1.23 whereas that against EBITDA is -0.439.
Stock Price History:
Over the past 52 weeks, AKAN has reached a high of $2.70, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -53.52%, while the 200-Day Moving Average is calculated to be -78.49%.
Shares Statistics:
For the past three months, AKAN has traded an average of 4.16M shares per day and 10882930 over the past ten days. A total of 11.93M shares are outstanding, with a floating share count of 10.57M. Insiders hold about 11.42% of the company’s shares, while institutions hold 0.50% stake in the company. Shares short for AKAN as of 1711584000 were 2517 with a Short Ratio of 0.00, compared to 1709164800 on 17146. Therefore, it implies a Short% of Shares Outstanding of 2517 and a Short% of Float of 0.02.
Earnings Estimates
Currently, AJAN analysts are dedicated to thoroughly evaluating and rating the performance of Akanda Corp (AKAN) in the stock market.The consensus estimate for the next quarter is $101.50, with high estimates of $7.48 and low estimates of $13.59.
