Insider’s View: Deciphering Signing Day Sports Inc (SGN)’s Financial Health Through Ratios

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Signing Day Sports Inc (AMEX: SGN) closed at $2.25 in the last session, up 5.14% from day before closing price of $2.14. In other words, the price has increased by $5.14 from its previous closing price. On the day, 0.14 million shares were traded. SGN stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $2.01.

Ratios:

We take a closer look at SGN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.09.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGN now has a Market Capitalization of 1740858 and an Enterprise Value of 3767863. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00. Its current Enterprise Value per Revenue stands at 6.538 whereas that against EBITDA is -0.573.

Stock Price History:

The Beta on a monthly basis for SGN is 3.51, which has changed by -0.9352555 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, SGN has reached a high of $47.52, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is -56.19%, while the 200-Day Moving Average is calculated to be -78.32%.

Shares Statistics:

According to the various share statistics, SGN traded on average about 141.47K shares per day over the past 3-months and 354060 shares per day over the past 10 days. A total of 0.77M shares are outstanding, with a floating share count of 0.62M. Insiders hold about 20.12% of the company’s shares, while institutions hold 9.39% stake in the company. Shares short for SGN as of 1730332800 were 1175 with a Short Ratio of 0.17, compared to 1727654400 on 963. Therefore, it implies a Short% of Shares Outstanding of 1175 and a Short% of Float of 0.32.

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