The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Color Star Technology Co Ltd (NASDAQ: ADD) closed at $2.02 down -9.42% from its previous closing price of $2.23. In other words, the price has decreased by -$9.42 from its previous closing price. On the day, 0.74 million shares were traded. ADD stock price reached its highest trading level at $2.225 during the session, while it also had its lowest trading level at $2.01.
Ratios:
For a deeper understanding of Color Star Technology Co Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.10 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, ADD now has a Market Capitalization of 1241564 and an Enterprise Value of 125976104. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 5.71. Its current Enterprise Value per Revenue stands at 44.508 whereas that against EBITDA is -5.517.
Stock Price History:
Over the past 52 weeks, ADD has reached a high of $185.00, while it has fallen to a 52-week low of $1.88. The 50-Day Moving Average of the stock is -71.61%, while the 200-Day Moving Average is calculated to be -93.87%.
Shares Statistics:
For the past three months, ADD has traded an average of 971.26K shares per day and 4851460 over the past ten days. A total of 0.61M shares are outstanding, with a floating share count of 0.58M. Insiders hold about 6.34% of the company’s shares, while institutions hold 1.66% stake in the company. Shares short for ADD as of 1734048000 were 151403 with a Short Ratio of 0.16, compared to 1731628800 on 25034. Therefore, it implies a Short% of Shares Outstanding of 151403 and a Short% of Float of 25.280002000000003.
