Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
MicroAlgo Inc (NASDAQ: MLGO) closed the day trading at $1.83 down -5.18% from the previous closing price of $1.93. In other words, the price has decreased by -$5.18 from its previous closing price. On the day, 1.41 million shares were traded. MLGO stock price reached its highest trading level at $2.0099 during the session, while it also had its lowest trading level at $1.79.
Ratios:
For a better understanding of MLGO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.30 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, MLGO now has a Market Capitalization of 18250298 and an Enterprise Value of -268979904. Its current Enterprise Value per Revenue stands at -0.443 whereas that against EBITDA is 2.491.
Stock Price History:
The Beta on a monthly basis for MLGO is 2.86, which has changed by -0.9833045 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, MLGO has reached a high of $509.60, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -43.12%, while the 200-Day Moving Average is calculated to be -95.35%.
Shares Statistics:
Over the past 3-months, MLGO traded about 2.34M shares per day on average, while over the past 10 days, MLGO traded about 7801990 shares per day. A total of 9.97M shares are outstanding, with a floating share count of 9.74M. Insiders hold about 2.38% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for MLGO as of 1735603200 were 1207278 with a Short Ratio of 0.52, compared to 1732838400 on 350657. Therefore, it implies a Short% of Shares Outstanding of 1207278 and a Short% of Float of 12.280000000000001.
