Ratio Analysis: Unpacking SharpLink Gaming Inc (SBET)’s Price-to-Cash and Price-to-Free Cash Flow

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

After finishing at $0.52 in the prior trading day, SharpLink Gaming Inc (NASDAQ: SBET) closed at $0.50, down -3.96%. In other words, the price has decreased by -$3.96 from its previous closing price. On the day, 99445.0 shares were traded. SBET stock price reached its highest trading level at $0.503 during the session, while it also had its lowest trading level at $0.49.

Ratios:

Our goal is to gain a better understanding of SBET by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 3.24. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBET now has a Market Capitalization of 1776496 and an Enterprise Value of -65645. Its current Enterprise Value per Revenue stands at -0.015 whereas that against EBITDA is 0.011.

Stock Price History:

Over the past 52 weeks, SBET has reached a high of $2.18, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -25.91%, while the 200-Day Moving Average is calculated to be -37.24%.

Shares Statistics:

The stock has traded on average 705.00K shares per day over the past 3-months and 206560 shares per day over the last 10 days, according to various share statistics. A total of 3.59M shares are outstanding, with a floating share count of 2.85M. Insiders hold about 20.38% of the company’s shares, while institutions hold 2.21% stake in the company. Shares short for SBET as of 1730332800 were 18705 with a Short Ratio of 0.07, compared to 1727654400 on 21305. Therefore, it implies a Short% of Shares Outstanding of 18705 and a Short% of Float of 0.5499999999999999.

Most Popular