After finishing at $0.24 in the prior trading day, Treasure Global Inc (NASDAQ: TGL) closed at $0.26, up 8.40%. In other words, the price has increased by $+0.0205 from its previous closing price. On the day, 1566016 shares were traded.
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Ratios:
Our goal is to gain a better understanding of TGL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.65.
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 Oct 30 when TEO CHONG CHAN bought 1,057,519 shares for $0.18 per share. The transaction valued at 187,181 led to the insider holds 2,661,714 shares of the business.
TEO CHONG CHAN bought 121,802 shares of TGL for $101,096 on Jul 27. The Chief Executive Officer now owns 1,725,997 shares after completing the transaction at $0.83 per share. On Jan 03, another insider, HOO VOON HIM, who serves as the Director of the company, sold 1,702,899 shares for $0.61 each. As a result, the insider received 1,046,431 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGL now has a Market Capitalization of 7.25M and an Enterprise Value of 8.51M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.12 whereas that against EBITDA is -0.84.
Stock Price History:
The Beta on a monthly basis for TGL is 0.07, which has changed by -85.98% over the last 52 weeks, in comparison to a change of 14.28% over the same period for the S&P500. Over the past 52 weeks, TGL has reached a high of $3.18, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is 0.3029, while the 200-Day Moving Average is calculated to be 0.9931.
Shares Statistics:
The stock has traded on average 1.99M shares per day over the past 3-months and 779.65k shares per day over the last 10 days, according to various share statistics. A total of 17.90M shares are outstanding, with a floating share count of 8.94M. Insiders hold about 56.86% of the company’s shares, while institutions hold 0.99% stake in the company. Shares short for TGL as of Oct 30, 2023 were 517.45k with a Short Ratio of 0.52M, compared to 104.22k on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.06% and a Short% of Float of 2.67%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.5 and -$0.5 for the fiscal current year, implying an average EPS of -$0.5. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
