While Pheton Holdings Ltd has overperformed by 2.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PTHL rose by 387.98%, with highs and lows ranging from $22.34 to $1.32, whereas the simple moving average jumped by 268.84% 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.
Pheton Holdings Ltd’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. 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.
The average volume for any stock is also a very valuable indicator of volatility, and PTHL has an average volume of 648.58K. On a monthly basis, the volatility of the stock is set at 7.63%, whereas on a weekly basis, it is put at 4.91%, with a gain of 10.08% over the past seven days.
How Do You Analyze Pheton Holdings Ltd Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 70.78%. 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.
