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.
After finishing at $0.25 in the prior trading day, Phoenix Motor Inc (NASDAQ: PEV) closed at $0.24, down -3.68%. In other words, the price has decreased by -$3.68 from its previous closing price. On the day, 0.55 million shares were traded. PEV stock price reached its highest trading level at $0.256 during the session, while it also had its lowest trading level at $0.2401.
Ratios:
Our goal is to gain a better understanding of PEV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEV now has a Market Capitalization of 9065759 and an Enterprise Value of 17819124. Its current Enterprise Value per Revenue stands at 0.824 whereas that against EBITDA is -0.924.
Stock Price History:
The Beta on a monthly basis for PEV is 1.24, which has changed by -0.81751823 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, PEV has reached a high of $1.44, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -22.21%, while the 200-Day Moving Average is calculated to be -50.28%.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 1407660 shares per day over the last 10 days, according to various share statistics. A total of 35.40M shares are outstanding, with a floating share count of 19.59M. Insiders hold about 47.98% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for PEV as of 1735603200 were 840539 with a Short Ratio of 0.54, compared to 1732838400 on 554895. Therefore, it implies a Short% of Shares Outstanding of 840539 and a Short% of Float of 10.520000999999999.
