Baosheng Media Group Holdings Ltd [NASDAQ: BAOS] gained 12.63% or 0.36 points to close at $3.21 with a heavy trading volume of 32530576 shares.
It opened the trading session at $2.7, the shares rose to $5.4 and dropped to $2.6002, the range by which the price of stock traded the whole day. The daily chart for BAOS points out that the company has recorded 45.25% gains over the past six months.
If we look at the average trading volume of 677.04K shares, BAOS reached to a volume of 32530576 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 Baosheng Media Group Holdings Ltd [BAOS]:
The Price to Book ratio for the last quarter was 0.33, with the Price to Cash per share for the same quarter was set at 1.83.
Trading performance analysis for BAOS stock
Baosheng Media Group Holdings Ltd [BAOS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.05. With this latest performance, BAOS shares gained by 15.05% in over the last four-week period, additionally plugging by 45.25% over the last 6 months – not to mention a rise of 25.39% 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 BAOS stock in for the last two-week period is set at 66.61, with the RSI for the last a single of trading hit 0.48, and the three-weeks RSI is set at 0.35 for Baosheng Media Group Holdings Ltd [BAOS]. The present Moving Average for the last 50 days of trading for this stock 2.83, while it was recorded at 2.87 for the last single week of trading, and 2.61 for the last 200 days.
Baosheng Media Group Holdings Ltd [BAOS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Baosheng Media Group Holdings Ltd [BAOS] shares currently have an operating margin of -4285.68% and a Gross Margin at 4.40%. Baosheng Media Group Holdings Ltd’s Net Margin is presently recorded at -4305.69%.
Baosheng Media Group Holdings Ltd (BAOS) Capital Structure & Debt Analysis
Baosheng Media Group Holdings Ltd (BAOS) Efficiency & Liquidity Metrics
Based on Baosheng Media Group Holdings Ltd’s (BAOS) latest financial statements, the Debt-to-Equity Ratio is 0.05%, indicating its reliance on debt financing relative to shareholder equity.
Baosheng Media Group Holdings Ltd (BAOS) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Baosheng Media Group Holdings Ltd. (BAOS) effectively leverages its workforce, generating an average of -$866774.19 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.98% and a Quick Ratio of 1.98%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at Baosheng Media Group Holdings Ltd [BAOS]
There are presently around $1.22%, or 2.07%% of BAOS stock, in the hands of institutional investors.
