Singlepoint Inc’s Market Journey: Closing Strong at 0.19, Up 9.94

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Singlepoint Inc (AMEX: SING) was $0.19 for the day, up 9.94% from the previous closing price of $0.17. In other words, the price has increased by $9.94 from its previous closing price. On the day, 0.88 million shares were traded. SING stock price reached its highest trading level at $0.19 during the session, while it also had its lowest trading level at $0.173.

Ratios:

Our analysis of SING’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 0.28.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 19 ’23 when Ralston Wil bought 100,000 shares for $5.00 per share. The transaction valued at 500,000 led to the insider holds 137,267 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SING now has a Market Capitalization of 1157824 and an Enterprise Value of 16180976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01. Its current Enterprise Value per Revenue stands at 0.541 whereas that against EBITDA is -5.55.

Stock Price History:

The Beta on a monthly basis for SING is -0.43, which has changed by -0.76441103 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, SING has reached a high of $383.76, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -22.14%, while the 200-Day Moving Average is calculated to be -98.87%.

Shares Statistics:

SING traded an average of 502.21K shares per day over the past three months and 308490 shares per day over the past ten days. A total of 1.13M shares are outstanding, with a floating share count of 0.92M. Insiders hold about 19.04% of the company’s shares, while institutions hold 41.01% stake in the company.

Most Popular