The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Garden Stage Ltd (NASDAQ: GSIW) was $0.1 for the day, down -2.14% from the previous closing price of $0.1. In other words, the price has decreased by -$2.14 from its previous closing price. On the day, 3.3 million shares were traded. GSIW stock price reached its highest trading level at $0.1037 during the session, while it also had its lowest trading level at $0.0969.
Ratios:
Our analysis of GSIW’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 12 ’24 when Oriental Moon Tree Limited bought 350,000 shares for $0.90 per share.
Oriental Moon Tree Limited bought 400,000 shares of GSIW for $444,000 on Oct 31 ’24. On Oct 24 ’24, another insider, Oriental Moon Tree Limited, who serves as the Affiliate of the company, bought 400,000 shares for $1.34 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSIW now has a Market Capitalization of 7447548 and an Enterprise Value of 1180769. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.23 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 0.22.
Stock Price History:
The Beta on a monthly basis for GSIW is 1.58, which has changed by -0.98577464 over the last 52 weeks, in comparison to a change of 0.14460516 over the same period for the S&P500. Over the past 52 weeks, GSIW has reached a high of $12.30, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -87.66%, while the 200-Day Moving Average is calculated to be -84.53%.
Shares Statistics:
GSIW traded an average of 13.54M shares per day over the past three months and 4065310 shares per day over the past ten days. A total of 71.18M shares are outstanding, with a floating share count of 46.57M. Insiders hold about 34.58% of the company’s shares, while institutions hold 21.76% stake in the company. Shares short for GSIW as of 1753920000 were 5629293 with a Short Ratio of 0.42, compared to 1751241600 on 224450. Therefore, it implies a Short% of Shares Outstanding of 5629293 and a Short% of Float of 16.530001.
