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The closing price of MicroAlgo Inc (NASDAQ: MLGO) was $2.46 for the day, up 1.65% from the previous closing price of $2.42. In other words, the price has increased by $1.65 from its previous closing price. On the day, 0.86 million shares were traded. MLGO stock price reached its highest trading level at $2.67 during the session, while it also had its lowest trading level at $2.36.
Ratios:
Our analysis of MLGO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.81 and its Current Ratio is at 4.81. In the meantime, Its Debt-to-Equity ratio is 0.02 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, MLGO now has a Market Capitalization of 18732260 and an Enterprise Value of -305350592. Its current Enterprise Value per Revenue stands at -0.526 whereas that against EBITDA is 2.326.
Stock Price History:
The Beta on a monthly basis for MLGO is 2.49, which has changed by -0.877 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, MLGO has reached a high of $15.60, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 28.62%, while the 200-Day Moving Average is calculated to be 9.38%.
Shares Statistics:
MLGO traded an average of 6.74M shares per day over the past three months and 454690 shares per day over the past ten days. A total of 5.16M shares are outstanding, with a floating share count of 2.77M. Insiders hold about 63.66% of the company’s shares, while institutions hold 0.64% stake in the company. Shares short for MLGO as of 1713139200 were 217799 with a Short Ratio of 0.03, compared to 1710460800 on 142531. Therefore, it implies a Short% of Shares Outstanding of 217799 and a Short% of Float of 4.61.
