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.
In the latest session, MicroAlgo Inc (NASDAQ: MLGO) closed at $1.46 down -8.18% from its previous closing price of $1.59. In other words, the price has decreased by -$8.18 from its previous closing price. On the day, 35.14 million shares were traded.
Ratios:
For a deeper understanding of MicroAlgo Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.78. For the most recent quarter (mrq), Quick Ratio is recorded 6.11 and its Current Ratio is at 6.11. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
As of this moment, MicroAlgo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.13.
Stock Price History:
Over the past 52 weeks, MLGO has reached a high of $509.60, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is -82.66%, while the 200-Day Moving Average is calculated to be -73.00%.
Shares Statistics:
A total of 24.20M shares are outstanding, with a floating share count of 19.71M. Insiders hold about 18.56% of the company’s shares, while institutions hold 2.34% stake in the company.
