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In the latest session, Atlas Lithium Corporation (NASDAQ: ATLX) closed at $7.14 up 5.62% from its previous closing price of $6.76. In other words, the price has increased by $5.62 from its previous closing price. On the day, 52388.0 shares were traded. ATLX stock price reached its highest trading level at $7.47 during the session, while it also had its lowest trading level at $6.87.
Ratios:
For a deeper understanding of Atlas Lithium Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.54. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.44.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 10 ’24 when Brian W. Bernier bought 1,400 shares for $9.20 per share.
Roger Noriega bought 7,000 shares of ATLX for $71,610 on Aug 29 ’24. On Aug 28 ’24, another insider, Marc Fogassa, who serves as the Chief Executive Officer of the company, bought 150,000 shares for $11.14 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATLX now has a Market Capitalization of 110070240 and an Enterprise Value of 97967056. For the stock, the TTM Price-to-Sale (P/S) ratio is 203.83 while its Price-to-Book (P/B) ratio in mrq is 4.68. Its current Enterprise Value per Revenue stands at 180.2 whereas that against EBITDA is -1.961.
Stock Price History:
Over the past 52 weeks, ATLX has reached a high of $34.00, while it has fallen to a 52-week low of $6.25. The 50-Day Moving Average of the stock is -8.67%, while the 200-Day Moving Average is calculated to be -39.51%.
Shares Statistics:
For the past three months, ATLX has traded an average of 129.73K shares per day and 102830 over the past ten days. A total of 12.76M shares are outstanding, with a floating share count of 7.44M. Insiders hold about 51.75% of the company’s shares, while institutions hold 10.67% stake in the company. Shares short for ATLX as of 1731628800 were 498629 with a Short Ratio of 3.84, compared to 1728950400 on 467711. Therefore, it implies a Short% of Shares Outstanding of 498629 and a Short% of Float of 6.1300002.
