While Everbright Digital Holding Ltd has underperformed by -4.36%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EDHL fell by -89.30%, with highs and lows ranging from $6.88 to $0.40, whereas the simple moving average fell by -86.18% in the last 200 days.
Analysis of Everbright Digital Holding Ltd (EDHL)
Further, the quarter-over-quarter decrease in sales is -46.20%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Everbright Digital Holding Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 22.10% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.70, 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.
An average volume of 1.47M can be a very valuable indicator of volatility for EDHL stock. On a monthly basis, the volatility of the stock is set at 13.02%, whereas on a weekly basis, it is put at 21.24%, with a loss of -0.99% over the past seven days.
How Do You Analyze Everbright Digital Holding Ltd Shares?
The Hong Kong based company Everbright Digital Holding Ltd (EDHL) is one of the biggest names in Advertising Agencies. When comparing Everbright Digital Holding Ltd shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 3.14, there is a growth in quarterly earnings of -101.40%.
In addition to the fundamentals, you should also consider how many employees own shares in 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 67.50%. 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 0.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
