In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Enveric Biosciences Inc (NASDAQ: ENVB) closed the day trading at $0.92 down -6.12% from the previous closing price of $0.98. In other words, the price has decreased by -$6.12 from its previous closing price. On the day, 0.88 million shares were traded. ENVB stock price reached its highest trading level at $0.99 during the session, while it also had its lowest trading level at $0.901.
Ratios:
For a better understanding of ENVB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 15 ’23 when PASQUALONE FRANK bought 1,000 shares for $2.14 per share. The transaction valued at 2,140 led to the insider holds 1,000 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, ENVB now has a Market Capitalization of 7148124 and an Enterprise Value of 4422507.
Stock Price History:
Over the past 52 weeks, ENVB has reached a high of $6.98, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -13.42%, while the 200-Day Moving Average is calculated to be -41.11%.
Shares Statistics:
Over the past 3-months, ENVB traded about 4.71M shares per day on average, while over the past 10 days, ENVB traded about 2014610 shares per day. A total of 7.75M shares are outstanding, with a floating share count of 7.60M. Insiders hold about 1.92% of the company’s shares, while institutions hold 6.55% stake in the company. Shares short for ENVB as of 1713139200 were 95594 with a Short Ratio of 0.02, compared to 1710460800 on 150396. Therefore, it implies a Short% of Shares Outstanding of 95594 and a Short% of Float of 1.3200001.
