Market Insight: Onfolio Holdings Inc (ONFO)’s Notable Drop, Closing at 1.01

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In the latest session, Onfolio Holdings Inc (NASDAQ: ONFO) closed at $1.01 down -2.88% from its previous closing price of $1.04. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 78437.0 shares were traded. ONFO stock price reached its highest trading level at $1.07 during the session, while it also had its lowest trading level at $0.9734.

Ratios:

For a deeper understanding of Onfolio Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.51.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONFO now has a Market Capitalization of 5178674 and an Enterprise Value of 7947006. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 0.875 whereas that against EBITDA is -5.557.

Stock Price History:

The Beta on a monthly basis for ONFO is 1.84, which has changed by -0.13675213 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, ONFO has reached a high of $1.88, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -0.13%, while the 200-Day Moving Average is calculated to be -13.34%.

Shares Statistics:

For the past three months, ONFO has traded an average of 52.91K shares per day and 227770 over the past ten days. A total of 5.13M shares are outstanding, with a floating share count of 3.06M. Insiders hold about 40.25% of the company’s shares, while institutions hold 1.39% stake in the company. Shares short for ONFO as of 1749772800 were 48427 with a Short Ratio of 0.92, compared to 1747267200 on 53312. Therefore, it implies a Short% of Shares Outstanding of 48427 and a Short% of Float of 1.2999999.