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.
In the latest session, DigiAsia Corp (NASDAQ: FAAS) closed at $0.29 up 4.69% from its previous closing price of $0.28. In other words, the price has increased by $4.69 from its previous closing price. On the day, 2.62 million shares were traded. FAAS stock price reached its highest trading level at $0.3098 during the session, while it also had its lowest trading level at $0.2828.
Ratios:
For a deeper understanding of DigiAsia Corp’s stock, let’s take a closer look at its various ratios.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAAS now has a Market Capitalization of 17485308 and an Enterprise Value of 11461919. Its current Enterprise Value per Revenue stands at 0.199 whereas that against EBITDA is -6.373.
Stock Price History:
The Beta on a monthly basis for FAAS is 2.27, which has changed by -0.712 over the last 52 weeks, in comparison to a change of 0.1513431 over the same period for the S&P500. Over the past 52 weeks, FAAS has reached a high of $2.93, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -36.49%, while the 200-Day Moving Average is calculated to be -43.99%.
Shares Statistics:
For the past three months, FAAS has traded an average of 9.69M shares per day and 7911370 over the past ten days. A total of 60.69M shares are outstanding, with a floating share count of 18.29M. Insiders hold about 69.86% of the company’s shares, while institutions hold 9.72% stake in the company. Shares short for FAAS as of 1753920000 were 508545 with a Short Ratio of 0.05, compared to 1751241600 on 1098430. Therefore, it implies a Short% of Shares Outstanding of 508545 and a Short% of Float of 2.01.