Ratios Revealed: Decoding Advanced Biomed Inc (ADVB)’s Financial Health

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of Advanced Biomed Inc (NASDAQ: ADVB) was $0.71 for the day, up 11.67% from the previous closing price of $0.64. In other words, the price has increased by $11.67 from its previous closing price. On the day, 1.09 million shares were traded. ADVB stock price reached its highest trading level at $0.7979 during the session, while it also had its lowest trading level at $0.6299.

Ratios:

Our analysis of ADVB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADVB now has a Market Capitalization of 15364400 and an Enterprise Value of 12248570.

Stock Price History:

Over the past 52 weeks, ADVB has reached a high of $4.10, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -43.10%, while the 200-Day Moving Average is calculated to be -64.65%.

Shares Statistics:

ADVB traded an average of 116.35K shares per day over the past three months and 235940 shares per day over the past ten days. A total of 21.64M shares are outstanding, with a floating share count of 3.08M. Insiders hold about 85.75% of the company’s shares, while institutions hold 0.05% stake in the company. Shares short for ADVB as of 1749772800 were 2724 with a Short Ratio of 0.02, compared to 1747267200 on 4708. Therefore, it implies a Short% of Shares Outstanding of 2724 and a Short% of Float of 0.029999999000000003.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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