Market Insights: Treasure Global Inc (TGL)’s Notable Drop of -10.55, Closing at 0.21

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.

As of close of business last night, Treasure Global Inc’s stock clocked out at $0.21, down -10.55% from its previous closing price of $0.24. In other words, the price has decreased by -$10.55 from its previous closing price. On the day, 7.67 million shares were traded. TGL stock price reached its highest trading level at $0.235 during the session, while it also had its lowest trading level at $0.2.

Ratios:

To gain a deeper understanding of TGL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 02 ’24 when TEO CHONG CHAN bought 1,170,000 shares for $0.08 per share. The transaction valued at 98,397 led to the insider holds 3,953,516 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGL now has a Market Capitalization of 6251241 and an Enterprise Value of 1132003. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 0.051 whereas that against EBITDA is -0.19.

Stock Price History:

The Beta on a monthly basis for TGL is -0.59, which has changed by -0.9645113 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. Over the past 52 weeks, TGL has reached a high of $12.59, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -19.54%, while the 200-Day Moving Average is calculated to be -88.49%.

Shares Statistics:

It appears that TGL traded 11.94M shares on average per day over the past three months and 66332860 shares per day over the past ten days. A total of 14.69M shares are outstanding, with a floating share count of 6.98M. Insiders hold about 52.52% of the company’s shares, while institutions hold 0.17% stake in the company. Shares short for TGL as of 1730332800 were 8709 with a Short Ratio of 0.01, compared to 1727654400 on 253640. Therefore, it implies a Short% of Shares Outstanding of 8709 and a Short% of Float of 0.1.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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