Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of DigiAsia Corp (NASDAQ: FAAS) was $0.29 for the day, up 1.55% from the previous closing price of $0.29. In other words, the price has increased by $1.55 from its previous closing price. On the day, 0.56 million shares were traded. FAAS stock price reached its highest trading level at $0.299 during the session, while it also had its lowest trading level at $0.275.
Ratios:
Our analysis of FAAS’s different ratios will help us gain a deeper understanding of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAAS now has a Market Capitalization of 17873734 and an Enterprise Value of 11821227. Its current Enterprise Value per Revenue stands at 0.205 whereas that against EBITDA is -6.573.
Stock Price History:
The Beta on a monthly basis for FAAS is 2.28, which has changed by -0.8020134 over the last 52 weeks, in comparison to a change of 0.19554341 over the same period for the S&P500. Over the past 52 weeks, FAAS has reached a high of $2.93, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -47.81%, while the 200-Day Moving Average is calculated to be -47.72%.
Shares Statistics:
FAAS traded an average of 19.40M shares per day over the past three months and 888450 shares per day over the past ten days. A total of 60.69M shares are outstanding, with a floating share count of 18.29M. Insiders hold about 69.86% of the company’s shares, while institutions hold 9.11% stake in the company. Shares short for FAAS as of 1752537600 were 2025850 with a Short Ratio of 0.10, compared to 1749772800 on 838475. Therefore, it implies a Short% of Shares Outstanding of 2025850 and a Short% of Float of 8.02.
