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 PMGC Holdings Inc (NASDAQ: ELAB) closed at $2.31 in the last session, up 10.53% from day before closing price of $2.09. In other words, the price has increased by $10.53 from its previous closing price. On the day, 0.79 million shares were traded. ELAB stock price reached its highest trading level at $2.399 during the session, while it also had its lowest trading level at $2.02.
Ratios:
We take a closer look at ELAB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.86. 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, ELAB now has a Market Capitalization of 7098306 and an Enterprise Value of 569062. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 0.07. Its current Enterprise Value per Revenue stands at 0.23 whereas that against EBITDA is -0.119.
Stock Price History:
Over the past 52 weeks, ELAB has reached a high of $778.00, while it has fallen to a 52-week low of $1.74. The 50-Day Moving Average of the stock is -25.99%, while the 200-Day Moving Average is calculated to be -96.54%.
Shares Statistics:
According to the various share statistics, ELAB traded on average about 1.30M shares per day over the past 3-months and 420650 shares per day over the past 10 days. A total of 3.07M shares are outstanding, with a floating share count of 3.02M. Insiders hold about 1.63% of the company’s shares, while institutions hold 1.21% stake in the company. Shares short for ELAB as of 1730332800 were 9422947 with a Short Ratio of 0.23, compared to 1727654400 on 686391. Therefore, it implies a Short% of Shares Outstanding of 9422947 and a Short% of Float of 22.28.
