Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.25 in the prior trading day, MicroAlgo Inc (NASDAQ: MLGO) closed at $1.15, down -8.00%. In other words, the price has decreased by -$8.00 from its previous closing price. On the day, 30.88 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MLGO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.52. 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 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.10.
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 -85.02%, while the 200-Day Moving Average is calculated to be -77.65%.
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 2.32% stake in the company.
