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.
As of close of business last night, Naas Technology Inc ADR’s stock clocked out at $1.20, down -3.23% from its previous closing price of $1.24. In other words, the price has decreased by -$3.23 from its previous closing price. On the day, 93103.0 shares were traded. NAAS stock price reached its highest trading level at $1.2419 during the session, while it also had its lowest trading level at $1.17.
Ratios:
To gain a deeper understanding of NAAS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.66.
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, Jefferies on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAAS now has a Market Capitalization of 4135032 and an Enterprise Value of 3973366784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 13.095 whereas that against EBITDA is -5.798.
Stock Price History:
The Beta on a monthly basis for NAAS is 1.13, which has changed by -0.9663677 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, NAAS has reached a high of $41.80, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -42.42%, while the 200-Day Moving Average is calculated to be -86.06%.
Shares Statistics:
It appears that NAAS traded 582.80K shares on average per day over the past three months and 187300 shares per day over the past ten days. A total of 1.05M shares are outstanding, with a floating share count of 1.04M. Insiders hold about 0.95% of the company’s shares, while institutions hold 4.20% stake in the company. Shares short for NAAS as of 1745971200 were 248838 with a Short Ratio of 0.43, compared to 1743379200 on 207077.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
