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.
The closing price of Inno Holdings Inc (NASDAQ: INHD) was $7.19 for the day, down -7.35% from the previous closing price of $7.76. In other words, the price has decreased by -$7.35 from its previous closing price. On the day, 0.74 million shares were traded. INHD stock price reached its highest trading level at $7.75 during the session, while it also had its lowest trading level at $6.8.
Ratios:
Our analysis of INHD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.55 and its Current Ratio is at 8.89. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INHD now has a Market Capitalization of 55711572 and an Enterprise Value of 51376296. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.99 while its Price-to-Book (P/B) ratio in mrq is 6.76. Its current Enterprise Value per Revenue stands at 19.418 whereas that against EBITDA is -8.587.
Stock Price History:
The Beta on a monthly basis for INHD is -1.84, which has changed by 0.2353952 over the last 52 weeks, in comparison to a change of 0.1725707 over the same period for the S&P500. Over the past 52 weeks, INHD has reached a high of $19.78, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is 202.01%, while the 200-Day Moving Average is calculated to be 87.49%.
Shares Statistics:
INHD traded an average of 5.80M shares per day over the past three months and 15052900 shares per day over the past ten days. A total of 7.75M shares are outstanding, with a floating share count of 4.86M. Insiders hold about 37.32% of the company’s shares, while institutions hold 2.01% stake in the company. Shares short for INHD as of 1755216000 were 122634 with a Short Ratio of 0.02, compared to 1752537600 on 249363. Therefore, it implies a Short% of Shares Outstanding of 122634 and a Short% of Float of 1.78.
