Ratios Reveal: Breaking Down Alternus Clean Energy Inc (ALCE)’s Financial Health

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Alternus Clean Energy Inc (NASDAQ: ALCE) closed the day trading at $1.24 down -4.61% from the previous closing price of $1.30. In other words, the price has decreased by -$4.61 from its previous closing price. On the day, 63042.0 shares were traded. ALCE stock price reached its highest trading level at $1.3042 during the session, while it also had its lowest trading level at $1.22.

Ratios:

For a better understanding of ALCE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALCE now has a Market Capitalization of 5418344 and an Enterprise Value of 265977056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41. Its current Enterprise Value per Revenue stands at 8.913 whereas that against EBITDA is -17.598.

Stock Price History:

Over the past 52 weeks, ALCE has reached a high of $266.50, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -53.43%, while the 200-Day Moving Average is calculated to be -82.88%.

Shares Statistics:

Over the past 3-months, ALCE traded about 408.88K shares per day on average, while over the past 10 days, ALCE traded about 1343960 shares per day. A total of 2.88M shares are outstanding, with a floating share count of 0.48M. Insiders hold about 86.24% of the company’s shares, while institutions hold 3.44% stake in the company.

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