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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.95 million shares were traded. ETWO stock price reached its highest trading level at $2.665 during the session, while it also had its lowest trading level at $2.54.
Ratios:
Our goal is to gain a better understanding of ETWO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.96.
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 the company, Goldman on December 11, 2024, Downgraded its rating to Sell and sets its target price to $2.90 from $3.50 previously.
On January 17, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $4.
Redburn Atlantic Downgraded its Overweight to Neutral on October 12, 2023, whereas the target price for the stock was revised from $8.50 to $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETWO now has a Market Capitalization of 788832256 and an Enterprise Value of 1858416384. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 5.933 whereas that against EBITDA is 52.384.
Stock Price History:
The Beta on a monthly basis for ETWO is 1.00, which has changed by -0.3527919 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, ETWO has reached a high of $5.07, while it has fallen to a 52-week low of $2.50. The 50-Day Moving Average of the stock is -12.20%, while the 200-Day Moving Average is calculated to be -34.81%.
Shares Statistics:
The stock has traded on average 1.38M shares per day over the past 3-months and 1415030 shares per day over the last 10 days, according to various share statistics. A total of 309.17M shares are outstanding, with a floating share count of 236.12M. Insiders hold about 24.49% of the company’s shares, while institutions hold 80.83% stake in the company. Shares short for ETWO as of 1734048000 were 10518426 with a Short Ratio of 7.85, compared to 1731628800 on 11801071. Therefore, it implies a Short% of Shares Outstanding of 10518426 and a Short% of Float of 4.58.
