Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Phoenix Motor Inc (NASDAQ: PEV) closed at $0.29 in the last session, down -4.98% from day before closing price of $0.31. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 2.45 million shares were traded. PEV stock price reached its highest trading level at $0.315 during the session, while it also had its lowest trading level at $0.28.
Ratios:
We take a closer look at PEV’s different ratios to gain a better understanding of the stock. 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 10918065 and an Enterprise Value of 19325062. Its current Enterprise Value per Revenue stands at 0.893 whereas that against EBITDA is -1.003.
Stock Price History:
The Beta on a monthly basis for PEV is 1.29, which has changed by -0.80136985 over the last 52 weeks, in comparison to a change of 0.22263205 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 $0.27. The 50-Day Moving Average of the stock is -15.69%, while the 200-Day Moving Average is calculated to be -43.16%.
Shares Statistics:
According to the various share statistics, PEV traded on average about 1.45M shares per day over the past 3-months and 2566520 shares per day over the past 10 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 1734048000 were 552150 with a Short Ratio of 0.58, compared to 1731628800 on 507210. Therefore, it implies a Short% of Shares Outstanding of 552150 and a Short% of Float of 6.909999999999999.
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.
