Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
MGO Global Inc (NASDAQ: MGOL) closed the day trading at $0.60 down -6.67% from the previous closing price of $0.65. In other words, the price has decreased by -$6.67 from its previous closing price. On the day, 1.36 million shares were traded. MGOL stock price reached its highest trading level at $0.64 during the session, while it also had its lowest trading level at $0.5951.
Ratios:
For a better understanding of MGOL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.37 and its Current Ratio is at 14.13. In the meantime, Its Debt-to-Equity ratio is 0.01 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, MGOL now has a Market Capitalization of 5550760 and an Enterprise Value of 4693777. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.825 whereas that against EBITDA is -0.467.
Stock Price History:
Over the past 52 weeks, MGOL has reached a high of $18.30, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -69.00%, while the 200-Day Moving Average is calculated to be -81.64%.
Shares Statistics:
Over the past 3-months, MGOL traded about 1.72M shares per day on average, while over the past 10 days, MGOL traded about 10527550 shares per day. A total of 2.90M shares are outstanding, with a floating share count of 1.70M. Insiders hold about 41.58% of the company’s shares, while institutions hold 34.47% stake in the company. Shares short for MGOL as of 1730332800 were 82194 with a Short Ratio of 0.01, compared to 1727654400 on 56153. Therefore, it implies a Short% of Shares Outstanding of 82194 and a Short% of Float of 4.19.
