Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
Shimmick Corp. (NASDAQ: SHIM) closed the day trading at $3.00 down -1.48% from the previous closing price of $3.05. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 0.89 million shares were traded. SHIM stock price reached its highest trading level at $3.6 during the session, while it also had its lowest trading level at $2.69.
Ratios:
For a better understanding of SHIM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.63.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on December 11, 2023, initiated with a Buy rating and assigned the stock a target price of $10.
On December 11, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHIM now has a Market Capitalization of 76725904 and an Enterprise Value of 66276032. Its current Enterprise Value per Revenue stands at 0.105 whereas that against EBITDA is -2.691.
Stock Price History:
Over the past 52 weeks, SHIM has reached a high of $7.99, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is -45.10%, while the 200-Day Moving Average is calculated to be -49.27%.
Shares Statistics:
Over the past 3-months, SHIM traded about 50.77K shares per day on average, while over the past 10 days, SHIM traded about 258320 shares per day. A total of 25.49M shares are outstanding, with a floating share count of 1.91M. Insiders hold about 92.55% of the company’s shares, while institutions hold 9.12% stake in the company. Shares short for SHIM as of 1711584000 were 39125 with a Short Ratio of 0.77, compared to 1709164800 on 38229.
