Pheton Holdings Ltd [NASDAQ: PTHL] loss -4.23% or -0.91 points to close at $20.61 with a heavy trading volume of 6222467 shares.
It opened the trading session at $21.46, the shares rose to $28.77 and dropped to $20.35, the range by which the price of stock traded the whole day. The daily chart for PTHL points out that the company has recorded 423.10% gains over the past six months.
If we look at the average trading volume of 671.93K shares, PTHL reached to a volume of 6222467 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Pheton Holdings Ltd [PTHL]:
The Price to Book ratio for the last quarter was 47.49, with the Price to Cash per share for the same quarter was set at 0.43.
Trading performance analysis for PTHL stock
Pheton Holdings Ltd [PTHL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.24. With this latest performance, PTHL shares gained by 22.31% in over the last four-week period, additionally plugging by 423.10% over the last 6 months – not to mention a rise of 367.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PTHL stock in for the last two-week period is set at 72.11, with the RSI for the last a single of trading hit 2.02, and the three-weeks RSI is set at 1.66 for Pheton Holdings Ltd [PTHL]. The present Moving Average for the last 50 days of trading for this stock 12.14, while it was recorded at 20.71 for the last single week of trading, and 5.92 for the last 200 days.
Pheton Holdings Ltd [PTHL]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Pheton Holdings Ltd [PTHL] shares currently have an operating margin of -171.86% and a Gross Margin at 85.04%. Pheton Holdings Ltd’s Net Margin is presently recorded at -147.39%.
Return on Equity for this stock declined to -15.83%, with Return on Assets sitting at -15.83%.
An analysis of Institutional ownership at Pheton Holdings Ltd [PTHL]
There are presently around $0.26%, or 5.47% of PTHL stock, in the hands of institutional investors.
