For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.28 in the prior trading day, Alternus Clean Energy Inc (NASDAQ: ALCE) closed at $0.23, down -20.65%. In other words, the price has decreased by -$20.65 from its previous closing price. On the day, 1.14 million shares were traded. ALCE stock price reached its highest trading level at $0.2811 during the session, while it also had its lowest trading level at $0.2201.
Ratios:
Our goal is to gain a better understanding of ALCE by taking a closer 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 2124192 and an Enterprise Value of 265977056. Its current Enterprise Value per Revenue stands at 8.913 whereas that against EBITDA is -17.598.
Stock Price History:
The Beta on a monthly basis for ALCE is -0.70, which has changed by -0.9848 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ALCE has reached a high of $24.75, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -67.78%, while the 200-Day Moving Average is calculated to be -95.28%.
Shares Statistics:
The stock has traded on average 1.27M shares per day over the past 3-months and 351130 shares per day over the last 10 days, according to various share statistics. A total of 3.49M shares are outstanding, with a floating share count of 1.86M. Insiders hold about 58.32% of the company’s shares, while institutions hold 2.79% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
