Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.49 in the prior trading day, Linkage Global Inc (NASDAQ: LGCB) closed at $0.41, down -16.43%. In other words, the price has decreased by -$16.43 from its previous closing price. On the day, 2.57 million shares were traded. LGCB stock price reached its highest trading level at $0.6834 during the session, while it also had its lowest trading level at $0.38.
Ratios:
Our goal is to gain a better understanding of LGCB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
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 Nov 14 ’24 when Zhihua Wu bought 9,949,219 shares for $0.26 per share.
Rosy Gold Investments Ltd bought 399,990 shares of LGCB for $102,997 on Nov 14 ’24. On Sep 20 ’24, another insider, Horizon Century International , who serves as the shareholder of the company, bought 215,000 shares for $0.99 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LGCB now has a Market Capitalization of 12597200 and an Enterprise Value of 9552307. For the stock, the TTM Price-to-Sale (P/S) ratio is 146.56 while its Price-to-Book (P/B) ratio in mrq is 197.58. Its current Enterprise Value per Revenue stands at 1.124 whereas that against EBITDA is -4.36.
Stock Price History:
Over the past 52 weeks, LGCB has reached a high of $5.70, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 40.53%, while the 200-Day Moving Average is calculated to be -77.15%.
Shares Statistics:
The stock has traded on average 3.82M shares per day over the past 3-months and 201030 shares per day over the last 10 days, according to various share statistics. A total of 21.50M shares are outstanding, with a floating share count of 7.20M. Insiders hold about 66.51% of the company’s shares, while institutions hold 0.39% stake in the company. Shares short for LGCB as of 1735603200 were 522614 with a Short Ratio of 0.14, compared to 1732838400 on 117559. Therefore, it implies a Short% of Shares Outstanding of 522614 and a Short% of Float of 3.17.
