While Pheton Holdings Ltd has overperformed by 2.09%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PTHL rose by 343.31%, with highs and lows ranging from $22.34 to $1.32, whereas the simple moving average jumped by 260.13% in the last 200 days.
Analysis of Pheton Holdings Ltd (PTHL)
Further, the quarter-over-quarter decrease in sales is -34.30%, showing a negative trend in the upcoming months.
One of the most important indicators of Pheton Holdings Ltd’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -20.35% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 12.18, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PTHL is recording 548.71K average volume. On a monthly basis, the volatility of the stock is set at 15.33%, whereas on a weekly basis, it is put at 4.93%, with a gain of 7.18% over the past seven days.
How Do You Analyze Pheton Holdings Ltd Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 97.77%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.12% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PTHL shares are owned by institutional investors to the tune of 0.12% at present.
