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.
After finishing at $0.81 in the prior trading day, Aeries Technology Inc (NASDAQ: AERT) closed at $0.78, down -3.58%. In other words, the price has decreased by -$3.58 from its previous closing price. On the day, 88415.0 shares were traded. AERT stock price reached its highest trading level at $0.8088 during the session, while it also had its lowest trading level at $0.7301.
Ratios:
Our goal is to gain a better understanding of AERT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AERT now has a Market Capitalization of 34754812 and an Enterprise Value of 63981496. As of this moment, Aeries’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48. Its current Enterprise Value per Revenue stands at 0.878 whereas that against EBITDA is -6.566.
Stock Price History:
The Beta on a monthly basis for AERT is -0.62, which has changed by -0.6888446 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, AERT has reached a high of $3.12, while it has fallen to a 52-week low of $0.59. The 50-Day Moving Average of the stock is -26.13%, while the 200-Day Moving Average is calculated to be -56.40%.
Shares Statistics:
The stock has traded on average 287.73K shares per day over the past 3-months and 1550200 shares per day over the last 10 days, according to various share statistics. A total of 44.50M shares are outstanding, with a floating share count of 10.69M. Insiders hold about 75.98% of the company’s shares, while institutions hold 7.80% stake in the company. Shares short for AERT as of 1730332800 were 98654 with a Short Ratio of 0.24, compared to 1727654400 on 79030. Therefore, it implies a Short% of Shares Outstanding of 98654 and a Short% of Float of 0.84.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
