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After finishing at $1.60 in the prior trading day, Naas Technology Inc ADR (NASDAQ: NAAS) closed at $1.58, down -1.25%. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 0.14 million shares were traded. NAAS stock price reached its highest trading level at $1.63 during the session, while it also had its lowest trading level at $1.55.
Ratios:
Our goal is to gain a better understanding of NAAS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAAS now has a Market Capitalization of 21777930 and an Enterprise Value of 9076179968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 21.445 whereas that against EBITDA is -10.334.
Stock Price History:
Over the past 52 weeks, NAAS has reached a high of $40.20, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is -34.29%, while the 200-Day Moving Average is calculated to be -75.27%.
Shares Statistics:
The stock has traded on average 143.26K shares per day over the past 3-months and 109420 shares per day over the last 10 days, according to various share statistics. A total of 4.19M shares are outstanding, with a floating share count of 4.15M. Insiders hold about 0.95% of the company’s shares, while institutions hold 6.10% stake in the company. Shares short for NAAS as of 1730332800 were 234301 with a Short Ratio of 2.50, compared to 1727654400 on 342149. Therefore, it implies a Short% of Shares Outstanding of 234301 and a Short% of Float of 5.6199998.
