Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $2.68 in the prior trading day, Syntec Optics Holdings Inc (NASDAQ: OPTX) closed at $3.09, up 15.30%. In other words, the price has increased by $15.30 from its previous closing price. On the day, 0.58 million shares were traded. OPTX stock price reached its highest trading level at $3.16 during the session, while it also had its lowest trading level at $2.5203.
Ratios:
Our goal is to gain a better understanding of OPTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.38.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPTX now has a Market Capitalization of 113366840 and an Enterprise Value of 42821384. Its current Enterprise Value per Revenue stands at 1.522 whereas that against EBITDA is 20.57.
Stock Price History:
Over the past 52 weeks, OPTX has reached a high of $8.39, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 88.33%, while the 200-Day Moving Average is calculated to be 40.78%.
Shares Statistics:
The stock has traded on average 2.87M shares per day over the past 3-months and 5284380 shares per day over the last 10 days, according to various share statistics. A total of 36.69M shares are outstanding, with a floating share count of 6.06M. Insiders hold about 83.49% of the company’s shares, while institutions hold 0.79% stake in the company. Shares short for OPTX as of 1732838400 were 96480 with a Short Ratio of 0.07, compared to 1730332800 on 89157. Therefore, it implies a Short% of Shares Outstanding of 96480 and a Short% of Float of 1.6099999999999999.
