Market Update: Starbox Group Holdings Ltd (STBX) Sees Negative Movement, Closing at 0.21

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, Starbox Group Holdings Ltd (NASDAQ: STBX) closed at $0.21 down -5.08% from its previous closing price of $0.22. In other words, the price has decreased by -$5.08 from its previous closing price. On the day, 0.51 million shares were traded. STBX stock price reached its highest trading level at $0.2185 during the session, while it also had its lowest trading level at $0.2035.

Ratios:

For a deeper understanding of Starbox Group Holdings Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.33 and its Current Ratio is at 4.33. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STBX now has a Market Capitalization of 1549631 and an Enterprise Value of 42731776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.11. Its current Enterprise Value per Revenue stands at 6.921 whereas that against EBITDA is -0.495.

Stock Price History:

The Beta on a monthly basis for STBX is 2.24, which has changed by -0.95104563 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, STBX has reached a high of $49.60, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -94.74%, while the 200-Day Moving Average is calculated to be -98.82%.

Shares Statistics:

For the past three months, STBX has traded an average of 1.22M shares per day and 3954930 over the past ten days. A total of 29.09M shares are outstanding, with a floating share count of 7.30M. Insiders hold about 11.63% of the company’s shares, while institutions hold 0.01% stake in the company. Shares short for STBX as of 1740700800 were 7806 with a Short Ratio of 0.01, compared to 1738281600 on 54414. Therefore, it implies a Short% of Shares Outstanding of 7806 and a Short% of Float of 0.1.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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