Quarterly Snapshot: Quick and Current Ratios for BYND Cannasoft Enterprises Inc (BCAN)

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The closing price of BYND Cannasoft Enterprises Inc (NASDAQ: BCAN) was $0.72 for the day, down -7.04% from the previous closing price of $0.77. In other words, the price has decreased by -$7.04 from its previous closing price. On the day, 1.04 million shares were traded. BCAN stock price reached its highest trading level at $0.779 during the session, while it also had its lowest trading level at $0.7201.

Ratios:

Our analysis of BCAN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.82 and its Current Ratio is at 10.82. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BCAN now has a Market Capitalization of 6547473 and an Enterprise Value of 1106895. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 1.028 whereas that against EBITDA is -0.211.

Stock Price History:

Over the past 52 weeks, BCAN has reached a high of $687.80, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -35.65%, while the 200-Day Moving Average is calculated to be -99.21%.

Shares Statistics:

BCAN traded an average of 2.31M shares per day over the past three months and 2563360 shares per day over the past ten days. A total of 3.25M shares are outstanding, with a floating share count of 3.00M. Insiders hold about 7.62% of the company’s shares, while institutions hold 15.11% stake in the company. Shares short for BCAN as of 1714435200 were 559415 with a Short Ratio of 0.28, compared to 1711584000 on 410370. Therefore, it implies a Short% of Shares Outstanding of 559415 and a Short% of Float of 6.39.

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