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.
In the latest session, MicroAlgo Inc (NASDAQ: MLGO) closed at $1.38 down -5.48% from its previous closing price of $1.46. In other words, the price has decreased by -$5.48 from its previous closing price. On the day, 1.43 million shares were traded. MLGO stock price reached its highest trading level at $1.49 during the session, while it also had its lowest trading level at $1.38.
Ratios:
For a deeper understanding of MicroAlgo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.30 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, MLGO now has a Market Capitalization of 13762519 and an Enterprise Value of -276791648. Its current Enterprise Value per Revenue stands at -0.456 whereas that against EBITDA is 2.564.
Stock Price History:
The Beta on a monthly basis for MLGO is 2.63, which has changed by -0.99233335 over the last 52 weeks, in comparison to a change of 0.19995654 over the same period for the S&P500. Over the past 52 weeks, MLGO has reached a high of $509.60, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is -43.17%, while the 200-Day Moving Average is calculated to be -95.96%.
Shares Statistics:
For the past three months, MLGO has traded an average of 3.82M shares per day and 9130190 over the past ten days. A total of 9.97M shares are outstanding, with a floating share count of 9.74M. Insiders hold about 2.38% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for MLGO as of 1736899200 were 510918 with a Short Ratio of 0.13, compared to 1734048000 on 217458. Therefore, it implies a Short% of Shares Outstanding of 510918 and a Short% of Float of 5.1999997.
