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The closing price of Naas Technology Inc ADR (NASDAQ: NAAS) was $4.11 for the day, up 17.43% from the previous closing price of $3.50. In other words, the price has increased by $17.43 from its previous closing price. On the day, 0.57 million shares were traded. NAAS stock price reached its highest trading level at $4.2773 during the session, while it also had its lowest trading level at $3.6876.
Ratios:
Our analysis of NAAS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.04.
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 47247328 and an Enterprise Value of 11479806976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29. Its current Enterprise Value per Revenue stands at 27.124 whereas that against EBITDA is -13.071.
Stock Price History:
Over the past 52 weeks, NAAS has reached a high of $80.80, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is -1.51%, while the 200-Day Moving Average is calculated to be -74.72%.
Shares Statistics:
NAAS traded an average of 2.66M shares per day over the past three months and 365770 shares per day over the past ten days. A total of 4.24M shares are outstanding, with a floating share count of 4.15M. Insiders hold about 0.95% of the company’s shares, while institutions hold 11.09% stake in the company. Shares short for NAAS as of 1726185600 were 261635 with a Short Ratio of 0.10, compared to 1723680000 on 313989. Therefore, it implies a Short% of Shares Outstanding of 261635 and a Short% of Float of 6.2700000000000005.
