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.
The closing price of DigiAsia Corp (NASDAQ: FAAS) was $0.24 for the day, up 1.73% from the previous closing price of $0.24. In other words, the price has increased by $1.73 from its previous closing price. On the day, 3.17 million shares were traded. FAAS stock price reached its highest trading level at $0.26 during the session, while it also had its lowest trading level at $0.2404.
Ratios:
Our analysis of FAAS’s different ratios will help us gain a deeper understanding of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAAS now has a Market Capitalization of 14632793 and an Enterprise Value of 8823253. Its current Enterprise Value per Revenue stands at 0.153 whereas that against EBITDA is -4.906.
Stock Price History:
The Beta on a monthly basis for FAAS is 2.22, which has changed by -0.849375 over the last 52 weeks, in comparison to a change of 0.1716845 over the same period for the S&P500. Over the past 52 weeks, FAAS has reached a high of $2.93, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -40.53%, while the 200-Day Moving Average is calculated to be -51.53%.
Shares Statistics:
FAAS traded an average of 5.25M shares per day over the past three months and 4036930 shares per day over the past ten days. A total of 60.69M shares are outstanding, with a floating share count of 18.29M. Insiders hold about 69.86% of the company’s shares, while institutions hold 9.72% stake in the company. Shares short for FAAS as of 1755216000 were 1476721 with a Short Ratio of 0.28, compared to 1752537600 on 2025850. Therefore, it implies a Short% of Shares Outstanding of 1476721 and a Short% of Float of 5.84.
