Upward Trajectory: Pheton Holdings Ltd (PTHL) Posts a Gaine, Closing at 28.42

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Pheton Holdings Ltd (NASDAQ: PTHL) was $28.42 for the day, up 20.58% from the previous closing price of $23.57. In other words, the price has increased by $20.58 from its previous closing price. On the day, 2.46 million shares were traded. PTHL stock price reached its highest trading level at $28.685 during the session, while it also had its lowest trading level at $23.6.

Ratios:

Our analysis of PTHL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 12.18 and its Current Ratio is at 12.40. In the meantime, Its Debt-to-Equity ratio is 0.04 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, PTHL now has a Market Capitalization of 622909568 and an Enterprise Value of 399073152. For the stock, the TTM Price-to-Sale (P/S) ratio is 899.97 while its Price-to-Book (P/B) ratio in mrq is 65.48. Its current Enterprise Value per Revenue stands at 890.399 whereas that against EBITDA is -526.792.

Stock Price History:

Over the past 52 weeks, PTHL has reached a high of $28.77, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is 92.33%, while the 200-Day Moving Average is calculated to be 335.08%.

Shares Statistics:

PTHL traded an average of 1.01M shares per day over the past three months and 2706540 shares per day over the past ten days. A total of 6.58M shares are outstanding, with a floating share count of 4.16M. Insiders hold about 70.78% of the company’s shares, while institutions hold 0.12% stake in the company. Shares short for PTHL as of 1751241600 were 146305 with a Short Ratio of 0.14, compared to 1748563200 on 32022. Therefore, it implies a Short% of Shares Outstanding of 146305 and a Short% of Float of 3.7199999999999998.