Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Phoenix Motor Inc (NASDAQ: PEV) closed at $0.58 down -2.56% from its previous closing price of $0.60. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 2.93 million shares were traded. PEV stock price reached its highest trading level at $0.6537 during the session, while it also had its lowest trading level at $0.51.
Ratios:
For a deeper understanding of Phoenix Motor Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEV now has a Market Capitalization of 26897948 and an Enterprise Value of 34918684. Its current Enterprise Value per Revenue stands at 1.337 whereas that against EBITDA is -1.403.
Stock Price History:
The Beta on a monthly basis for PEV is 0.05, which has changed by -0.3101415 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, PEV has reached a high of $1.39, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 67.20%, while the 200-Day Moving Average is calculated to be 33.56%.
Shares Statistics:
For the past three months, PEV has traded an average of 8.15M shares per day and 6462590 over the past ten days. A total of 37.17M shares are outstanding, with a floating share count of 27.82M. Insiders hold about 39.49% of the company’s shares, while institutions hold 1.23% stake in the company. Shares short for PEV as of 1740700800 were 145856 with a Short Ratio of 0.02, compared to 1738281600 on 1191283. Therefore, it implies a Short% of Shares Outstanding of 145856 and a Short% of Float of 0.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0