Treasure Global Inc’s Market Journey: Closing Weak at 0.29, Down -29.08

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The closing price of Treasure Global Inc (NASDAQ: TGL) was $0.29 for the day, down -29.08% from the previous closing price of $0.42. In other words, the price has decreased by -$29.08 from its previous closing price. On the day, 1.85 million shares were traded. TGL stock price reached its highest trading level at $0.3598 during the session, while it also had its lowest trading level at $0.282.

Ratios:

Our analysis of TGL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 02 ’24 when TEO CHONG CHAN bought 1,170,000 shares for $0.08 per share. The transaction valued at 98,397 led to the insider holds 3,953,516 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, TGL now has a Market Capitalization of 4618282 and an Enterprise Value of 1132003. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 0.051 whereas that against EBITDA is -0.19.

Stock Price History:

Over the past 52 weeks, TGL has reached a high of $14.42, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -58.23%, while the 200-Day Moving Average is calculated to be -88.35%.

Shares Statistics:

TGL traded an average of 2.81M shares per day over the past three months and 881030 shares per day over the past ten days. A total of 11.13M shares are outstanding, with a floating share count of 11.08M. Insiders hold about 0.45% of the company’s shares, while institutions hold 0.23% stake in the company. Shares short for TGL as of 1730332800 were 8709 with a Short Ratio of 0.00, compared to 1727654400 on 253640. Therefore, it implies a Short% of Shares Outstanding of 8709 and a Short% of Float of 0.1.

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