Insider’s View: Deciphering Cineverse Corp (CNVS)’s Financial Health Through Ratios

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The price of Cineverse Corp (NASDAQ: CNVS) closed at $2.68 in the last session, down -15.72% from day before closing price of $3.18. In other words, the price has decreased by -$15.72 from its previous closing price. On the day, 0.54 million shares were traded. CNVS stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $2.63.

Ratios:

We take a closer look at CNVS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.28 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, CNVS now has a Market Capitalization of 50024612 and an Enterprise Value of 49146992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 1.085 whereas that against EBITDA is 33.57.

Stock Price History:

Over the past 52 weeks, CNVS has reached a high of $3.93, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 67.05%, while the 200-Day Moving Average is calculated to be 123.34%.

Shares Statistics:

According to the various share statistics, CNVS traded on average about 215.37K shares per day over the past 3-months and 368040 shares per day over the past 10 days. A total of 15.70M shares are outstanding, with a floating share count of 12.78M. Insiders hold about 18.61% of the company’s shares, while institutions hold 14.58% stake in the company. Shares short for CNVS as of 1730332800 were 341941 with a Short Ratio of 1.59, compared to 1727654400 on 119403. Therefore, it implies a Short% of Shares Outstanding of 341941 and a Short% of Float of 2.4699999999999998.

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