Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
UTime Ltd (NASDAQ: WTO) closed the day trading at $0.29 down -5.90% from the previous closing price of $0.31. In other words, the price has decreased by -$5.90 from its previous closing price. On the day, 0.8 million shares were traded. WTO stock price reached its highest trading level at $0.3129 during the session, while it also had its lowest trading level at $0.2808.
Ratios:
For a better understanding of WTO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.03.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WTO now has a Market Capitalization of 7416108 and an Enterprise Value of -2862312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at -0.017 whereas that against EBITDA is 0.095.
Stock Price History:
The Beta on a monthly basis for WTO is 0.59, which has changed by -0.948954 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, WTO has reached a high of $62.25, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -15.31%, while the 200-Day Moving Average is calculated to be -97.03%.
Shares Statistics:
Over the past 3-months, WTO traded about 1.09M shares per day on average, while over the past 10 days, WTO traded about 2180810 shares per day. A total of 392.11M shares are outstanding, with a floating share count of 18.04M. Insiders hold about 29.88% of the company’s shares, while institutions hold 1.01% stake in the company. Shares short for WTO as of 1735603200 were 328972 with a Short Ratio of 0.30, compared to 1732838400 on 147988. Therefore, it implies a Short% of Shares Outstanding of 328972 and a Short% of Float of 1.28.
