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In the latest session, Noodles & Company (NASDAQ: NDLS) closed at $0.90 down -10.45% from its previous closing price of $1.00. In other words, the price has decreased by -$10.45 from its previous closing price. On the day, 0.6 million shares were traded. NDLS stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.8506.
Ratios:
For a deeper understanding of Noodles & Company’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.31. In the meantime, Its Debt-to-Equity ratio is 77.56 whereas as Long-Term Debt/Eq ratio is at 68.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on March 12, 2024, Reiterated its Buy rating but revised its target price to $4 from $5 previously.
On August 11, 2023, The Benchmark Company reiterated its Buy rating and also upped its target price recommendation from $6 to $5.
The Benchmark Company reiterated its Buy rating for the stock on July 05, 2023, while the target price for the stock was revised from $8 to $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NDLS now has a Market Capitalization of 41110920 and an Enterprise Value of 327106880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 11.01. Its current Enterprise Value per Revenue stands at 0.66 whereas that against EBITDA is 12.623.
Stock Price History:
Over the past 52 weeks, NDLS has reached a high of $3.50, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is -25.02%, while the 200-Day Moving Average is calculated to be -47.58%.
Shares Statistics:
For the past three months, NDLS has traded an average of 152.87K shares per day and 196900 over the past ten days. A total of 44.99M shares are outstanding, with a floating share count of 32.51M. Insiders hold about 28.83% of the company’s shares, while institutions hold 45.28% stake in the company. Shares short for NDLS as of 1728950400 were 499871 with a Short Ratio of 3.27, compared to 1726185600 on 646237. Therefore, it implies a Short% of Shares Outstanding of 499871 and a Short% of Float of 1.3300001000000001.
