Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Alternus Clean Energy Inc (NASDAQ: ALCE) closed the day trading at $0.70 down -25.46% from the previous closing price of $0.94. In other words, the price has decreased by -$25.46 from its previous closing price. On the day, 1.36 million shares were traded. ALCE stock price reached its highest trading level at $0.9168 during the session, while it also had its lowest trading level at $0.58.
Ratios:
For a better understanding of ALCE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALCE now has a Market Capitalization of 3131624 and an Enterprise Value of 265977056. Its current Enterprise Value per Revenue stands at 8.913 whereas that against EBITDA is -17.598.
Stock Price History:
Over the past 52 weeks, ALCE has reached a high of $35.25, while it has fallen to a 52-week low of $0.74. The 50-Day Moving Average of the stock is -51.72%, while the 200-Day Moving Average is calculated to be -88.20%.
Shares Statistics:
Over the past 3-months, ALCE traded about 1.10M shares per day on average, while over the past 10 days, ALCE traded about 4157870 shares per day. A total of 3.49M shares are outstanding, with a floating share count of 1.39M. Insiders hold about 68.92% of the company’s shares, while institutions hold 2.68% stake in the company.
