In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Phoenix Motor Inc’s stock clocked out at $0.26, up 0.42% from its previous closing price of $0.26. In other words, the price has increased by $0.42 from its previous closing price. On the day, 0.64 million shares were traded. PEV stock price reached its highest trading level at $0.276 during the session, while it also had its lowest trading level at $0.2601.
Ratios:
To gain a deeper understanding of PEV’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEV now has a Market Capitalization of 9976852 and an Enterprise Value of 18383850. Its current Enterprise Value per Revenue stands at 0.85 whereas that against EBITDA is -0.954.
Stock Price History:
The Beta on a monthly basis for PEV is 1.31, which has changed by -0.80514705 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, PEV has reached a high of $1.60, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -18.28%, while the 200-Day Moving Average is calculated to be -46.70%.
Shares Statistics:
It appears that PEV traded 1.50M shares on average per day over the past three months and 2837900 shares per day over the past ten days. A total of 35.40M shares are outstanding, with a floating share count of 19.59M. Insiders hold about 47.98% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for PEV as of 1735603200 were 840539 with a Short Ratio of 0.56, compared to 1732838400 on 554895. Therefore, it implies a Short% of Shares Outstanding of 840539 and a Short% of Float of 10.520000999999999.
