Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Microvast Holdings Inc (NASDAQ: MVST) closed at $1.79 up 6.55% from its previous closing price of $1.68. In other words, the price has increased by $6.55 from its previous closing price. On the day, 9.29 million shares were traded. MVST stock price reached its highest trading level at $1.9099 during the session, while it also had its lowest trading level at $1.66.
Ratios:
For a deeper understanding of Microvast Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.27.
On November 29, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $8.
On August 31, 2023, Janney started tracking the stock assigning a Buy rating and target price of $8.Janney initiated its Buy rating on August 31, 2023, with a $8 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 04 ’25 when Balladon Yeelong bought 45,790 shares for $1.69 per share.
Zheng Yanzhuan bought 522,872 shares of MVST for $392,154 on Nov 27 ’24. On Nov 26 ’24, another insider, Zheng Yanzhuan, who serves as the former director of the company, bought 670,000 shares for $0.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MVST now has a Market Capitalization of 579768448 and an Enterprise Value of 775838400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 2.091 whereas that against EBITDA is -40.87.
Stock Price History:
The Beta on a monthly basis for MVST is 2.22, which has changed by 0.8201517 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, MVST has reached a high of $2.87, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 3.70%, while the 200-Day Moving Average is calculated to be 156.38%.
Shares Statistics:
For the past three months, MVST has traded an average of 36.11M shares per day and 5993290 over the past ten days. A total of 322.13M shares are outstanding, with a floating share count of 192.63M. Insiders hold about 40.53% of the company’s shares, while institutions hold 9.71% stake in the company. Shares short for MVST as of 1738281600 were 16377915 with a Short Ratio of 0.47, compared to 1735603200 on 13938333. Therefore, it implies a Short% of Shares Outstanding of 16377915 and a Short% of Float of 15.959999999999999.
