Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $3.32 in the prior trading day, Smart for Life Inc (NASDAQ: SMFL) closed at $3.58, up 7.83%. In other words, the price has increased by $7.83 from its previous closing price. On the day, 3.29 million shares were traded. SMFL stock price reached its highest trading level at $5.15 during the session, while it also had its lowest trading level at $3.262.
Ratios:
Our goal is to gain a better understanding of SMFL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.04 and its Current Ratio is at 0.18. In the meantime, Its Debt-to-Equity ratio is 16.22 whereas as Long-Term Debt/Eq ratio is at 11.22.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMFL now has a Market Capitalization of 407436 and an Enterprise Value of 15813276. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 1.424 whereas that against EBITDA is -1.186.
Stock Price History:
The Beta on a monthly basis for SMFL is 0.88, which has changed by -0.97560257 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, SMFL has reached a high of $319.41, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -28.48%, while the 200-Day Moving Average is calculated to be -75.23%.
Shares Statistics:
The stock has traded on average 691.76K shares per day over the past 3-months and 2998985 shares per day over the last 10 days, according to various share statistics. A total of 0.26M shares are outstanding, with a floating share count of 0.26M. Insiders hold about 1.26% of the company’s shares, while institutions hold 1.42% stake in the company. Shares short for SMFL as of 1713139200 were 18728 with a Short Ratio of 0.03, compared to 1710460800 on 10769. Therefore, it implies a Short% of Shares Outstanding of 18728 and a Short% of Float of 16.93.
