Quarterly Snapshot: Quick and Current Ratios for Phoenix Motor Inc (PEV)

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The closing price of Phoenix Motor Inc (NASDAQ: PEV) was $0.28 for the day, up 1.08% from the previous closing price of $0.28. In other words, the price has increased by $1.08 from its previous closing price. On the day, 1.61 million shares were traded. PEV stock price reached its highest trading level at $0.2959 during the session, while it also had its lowest trading level at $0.28.

Ratios:

Our analysis of PEV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.16.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEV now has a Market Capitalization of 10579228 and an Enterprise Value of 18986226. Its current Enterprise Value per Revenue stands at 0.878 whereas that against EBITDA is -0.985.

Stock Price History:

The Beta on a monthly basis for PEV is 1.31, which has changed by -0.8082759 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, PEV has reached a high of $1.60, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -16.06%, while the 200-Day Moving Average is calculated to be -44.32%.

Shares Statistics:

PEV traded an average of 1.44M shares per day over the past three months and 2688450 shares per day over the past ten days. A total of 35.40M shares are outstanding, with a floating share count of 19.59M. Insiders hold about 47.98% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for PEV as of 1735603200 were 840539 with a Short Ratio of 0.59, compared to 1732838400 on 554895. Therefore, it implies a Short% of Shares Outstanding of 840539 and a Short% of Float of 10.520000999999999.

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