Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, SmartKem Inc (NASDAQ: SMTK) closed at $4.35 up 8.48% from its previous closing price of $4.01. In other words, the price has increased by $8.48 from its previous closing price. On the day, 0.81 million shares were traded. SMTK stock price reached its highest trading level at $4.5 during the session, while it also had its lowest trading level at $4.0.
Ratios:
For a deeper understanding of SmartKem Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.09 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, SMTK now has a Market Capitalization of 7745044 and an Enterprise Value of 6158053. For the stock, the TTM Price-to-Sale (P/S) ratio is 193.63 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at 153.951 whereas that against EBITDA is -0.601.
Stock Price History:
Over the past 52 weeks, SMTK has reached a high of $19.00, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 27.35%, while the 200-Day Moving Average is calculated to be -33.04%.
Shares Statistics:
For the past three months, SMTK has traded an average of 188.20K shares per day and 1066480 over the past ten days. A total of 1.78M shares are outstanding, with a floating share count of 1.23M. Insiders hold about 30.68% of the company’s shares, while institutions hold 26.18% stake in the company. Shares short for SMTK as of 1731628800 were 9491 with a Short Ratio of 0.05, compared to 1728950400 on 8548. Therefore, it implies a Short% of Shares Outstanding of 9491 and a Short% of Float of 0.62.