In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Inno Holdings Inc (NASDAQ: INHD) closed the day trading at $1.32 up 5.58% from the previous closing price of $1.25. In other words, the price has increased by $5.58 from its previous closing price. On the day, 0.23 million shares were traded. INHD stock price reached its highest trading level at $1.4 during the session, while it also had its lowest trading level at $1.24.
Ratios:
For a better understanding of INHD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 22.01 and its Current Ratio is at 29.07. In the meantime, Its Debt-to-Equity ratio is 0.01 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, INHD now has a Market Capitalization of 5821834 and an Enterprise Value of 1983020. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.81 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.271 whereas that against EBITDA is -0.43.
Stock Price History:
The Beta on a monthly basis for INHD is -2.29, which has changed by -0.78 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, INHD has reached a high of $19.78, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -73.26%, while the 200-Day Moving Average is calculated to be -73.03%.
Shares Statistics:
Over the past 3-months, INHD traded about 834.20K shares per day on average, while over the past 10 days, INHD traded about 5113090 shares per day. A total of 4.41M shares are outstanding, with a floating share count of 3.02M. Insiders hold about 31.54% of the company’s shares, while institutions hold 0.58% stake in the company. Shares short for INHD as of 1745971200 were 20075 with a Short Ratio of 0.02, compared to 1743379200 on 32169. Therefore, it implies a Short% of Shares Outstanding of 20075 and a Short% of Float of 0.5599999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
