For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Cantor Equity Partners Inc (NASDAQ: CEP) closed the day trading at $40.33 down -4.23% from the previous closing price of $42.11. In other words, the price has decreased by -$4.23 from its previous closing price. On the day, 1.02 million shares were traded.
Ratios:
For a better understanding of CEP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 14 ’24 when Cantor EP Holdings, LLC bought 300,000 shares for $10.00 per share. The transaction valued at 3,000,000 led to the insider holds 300,000 shares of the business.
Valuation Measures:
As of this moment, Cantor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 226.83.
Stock Price History:
Over the past 52 weeks, CEP has reached a high of $59.75, while it has fallen to a 52-week low of $9.99. The 50-Day Moving Average of the stock is 65.13%, while the 200-Day Moving Average is calculated to be 183.08%.
Shares Statistics:
A total of 10.30M shares are outstanding, with a floating share count of 9.80M. Insiders hold about 23.44% of the company’s shares, while institutions hold 69.19% stake in the company.
