In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Kartoon Studios Inc’s stock clocked out at $0.81, down -0.48% from its previous closing price of $0.81. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.2 million shares were traded. TOON stock price reached its highest trading level at $0.8198 during the session, while it also had its lowest trading level at $0.7302.
Ratios:
To gain a deeper understanding of TOON’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TOON now has a Market Capitalization of 38574296 and an Enterprise Value of 48693312. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 1.352 whereas that against EBITDA is -4.297.
Stock Price History:
The Beta on a monthly basis for TOON is 1.89, which has changed by -0.23142856 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, TOON has reached a high of $1.08, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is 28.09%, while the 200-Day Moving Average is calculated to be 17.40%.
Shares Statistics:
It appears that TOON traded 204.94K shares on average per day over the past three months and 325260 shares per day over the past ten days. A total of 47.79M shares are outstanding, with a floating share count of 44.72M. Insiders hold about 6.43% of the company’s shares, while institutions hold 15.99% stake in the company. Shares short for TOON as of 1745971200 were 1565324 with a Short Ratio of 7.64, compared to 1743379200 on 1698214. Therefore, it implies a Short% of Shares Outstanding of 1565324 and a Short% of Float of 3.44.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
