Market Insight: Solowin Holdings (SWIN)’s Notable Drop, Closing at 1.57

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

In the latest session, Solowin Holdings (NASDAQ: SWIN) closed at $1.57 down -6.55% from its previous closing price of $1.68. In other words, the price has decreased by -$6.55 from its previous closing price. On the day, 0.98 million shares were traded.

Ratios:

For a deeper understanding of Solowin Holdings’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.04.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 213.46 while its Price-to-Book (P/B) ratio in mrq is 55.95.

Stock Price History:

Over the past 52 weeks, SWIN has reached a high of $4.78, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -6.79%, while the 200-Day Moving Average is calculated to be -23.25%.

Shares Statistics:

A total of 19.55M shares are outstanding, with a floating share count of 12.32M. Insiders hold about 74.10% of the company’s shares, while institutions hold 0.10% stake in the company.

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