For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, MicroAlgo Inc (NASDAQ: MLGO) closed at $1.52 up 2.70% from its previous closing price of $1.48. In other words, the price has increased by $2.70 from its previous closing price. On the day, 1.35 million shares were traded. MLGO stock price reached its highest trading level at $1.57 during the session, while it also had its lowest trading level at $1.47.
Ratios:
For a deeper understanding of MicroAlgo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.30 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, MLGO now has a Market Capitalization of 15158717 and an Enterprise Value of -274361312. Its current Enterprise Value per Revenue stands at -0.452 whereas that against EBITDA is 2.541.
Stock Price History:
The Beta on a monthly basis for MLGO is 2.51, which has changed by -0.9829596 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, MLGO has reached a high of $509.60, while it has fallen to a 52-week low of $1.44. The 50-Day Moving Average of the stock is -46.79%, while the 200-Day Moving Average is calculated to be -95.86%.
Shares Statistics:
For the past three months, MLGO has traded an average of 2.42M shares per day and 1701770 over the past ten days. A total of 9.97M shares are outstanding, with a floating share count of 9.74M. Insiders hold about 2.38% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for MLGO as of 1735603200 were 1207278 with a Short Ratio of 0.50, compared to 1732838400 on 350657. Therefore, it implies a Short% of Shares Outstanding of 1207278 and a Short% of Float of 12.280000000000001.
