Flag Ship Acquisition Corp [NASDAQ: FSHP] price surged by 0.57 percent to reach at $0.06.
A sum of 165566 shares traded at recent session while its average daily volume was at 12.76K shares. Flag Ship Acquisition Corp shares reached a high of $10.57 and dropped to a low of $10.55 until finishing in the latest session at $10.56.
Guru’s Opinion on Flag Ship Acquisition Corp [FSHP]:
The Price to Book ratio for the last quarter was 1.34, with the Price to Cash per share for the same quarter was set at 0.00.
FSHP Stock Performance Analysis:
Flag Ship Acquisition Corp [FSHP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.57. With this latest performance, FSHP shares gained by 1.05% in over the last four-week period, additionally plugging by 4.64% over the last 6 months – not to mention a rise of 3.94% 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 FSHP stock in for the last two-week period is set at 81.57, with the RSI for the last a single of trading hit 0.01, and the three-weeks RSI is set at 0.01 for Flag Ship Acquisition Corp [FSHP]. The present Moving Average for the last 50 days of trading for this stock 10.42, while it was recorded at 10.51 for the last single week of trading.
Flag Ship Acquisition Corp (FSHP) Capital Structure & Debt Analysis
According to recent financial data for Flag Ship Acquisition Corp. ( FSHP), the Return on Equity (ROE) stands at 3.11%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.01%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Flag Ship Acquisition Corp’s Return on Invested Capital (ROIC) is 3.06%, showcasing its effectiveness in deploying capital for earnings.
Flag Ship Acquisition Corp (FSHP) Efficiency & Liquidity Metrics
Based on Flag Ship Acquisition Corp’s (FSHP) latest financial statements, the Debt-to-Equity Ratio is 0.01%, indicating its reliance on debt financing relative to shareholder equity.
Flag Ship Acquisition Corp (FSHP) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Flag Ship Acquisition Corp. (FSHP) effectively leverages its workforce, generating an average of $1065000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.09% and a Quick Ratio of 0.09%, indicating strong ability to cover short-term liabilities.
Flag Ship Acquisition Corp [FSHP] Institutonal Ownership Details
There are presently around $123.39%, or 202.48%% of FSHP stock, in the hands of institutional investors.
