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.
The price of NextTrip Inc (NASDAQ: NTRP) closed at $7.26 in the last session, up 7.56% from day before closing price of $6.75. In other words, the price has increased by $7.56 from its previous closing price. On the day, 50101.0 shares were traded. NTRP stock price reached its highest trading level at $7.42 during the session, while it also had its lowest trading level at $6.68.
Ratios:
We take a closer look at NTRP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 01 ’24 when KERBY WILLIAM bought 6,000 shares for $3.25 per share. The transaction valued at 19,500 led to the insider holds 38,625 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, NTRP now has a Market Capitalization of 11563293 and an Enterprise Value of 12692457. Its current Enterprise Value per Revenue stands at 16.815 whereas that against EBITDA is -1.831.
Stock Price History:
The Beta on a monthly basis for NTRP is 1.68, which has changed by 0.9890411 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, NTRP has reached a high of $8.50, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is 71.91%, while the 200-Day Moving Average is calculated to be 133.54%.
Shares Statistics:
According to the various share statistics, NTRP traded on average about 56.93K shares per day over the past 3-months and 42090 shares per day over the past 10 days. A total of 1.43M shares are outstanding, with a floating share count of 1.23M. Insiders hold about 22.49% of the company’s shares, while institutions hold 0.45% stake in the company. Shares short for NTRP as of 1735603200 were 60761 with a Short Ratio of 1.07, compared to 1732838400 on 83918. Therefore, it implies a Short% of Shares Outstanding of 60761 and a Short% of Float of 4.6.
