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.
The closing price of Treasure Global Inc (NASDAQ: TGL) was $0.84 for the day, down -9.72% from the previous closing price of $0.93. In other words, the price has decreased by -$9.72 from its previous closing price. On the day, 0.6 million shares were traded. TGL stock price reached its highest trading level at $0.9382 during the session, while it also had its lowest trading level at $0.8101.
Ratios:
Our analysis of TGL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.17 and its Current Ratio is at 8.18. In the meantime, Its Debt-to-Equity ratio is 0.00 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, TGL now has a Market Capitalization of 3860606 and an Enterprise Value of 1769692. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 0.05. Its current Enterprise Value per Revenue stands at 1.205 whereas that against EBITDA is -0.566.
Stock Price History:
The Beta on a monthly basis for TGL is -0.14, which has changed by -0.97503716 over the last 52 weeks, in comparison to a change of 0.20221436 over the same period for the S&P500. Over the past 52 weeks, TGL has reached a high of $76.50, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is -25.46%, while the 200-Day Moving Average is calculated to be -84.25%.
Shares Statistics:
TGL traded an average of 1.42M shares per day over the past three months and 1182150 shares per day over the past ten days. A total of 3.81M shares are outstanding, with a floating share count of 3.05M. Insiders hold about 20.03% of the company’s shares, while institutions hold 1.44% stake in the company. Shares short for TGL as of 1755216000 were 263503 with a Short Ratio of 0.19, compared to 1752537600 on 227787. Therefore, it implies a Short% of Shares Outstanding of 263503 and a Short% of Float of 6.52.
