A share price of Allied Gaming & Entertainment Inc [AGAE] is currently trading at $1.74, up 25.18%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AGAE shares have gain 27.01% over the last week, with a monthly amount glided 97.73%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Allied Gaming & Entertainment Inc experienced fluctuations in its stock price throughout the past year between $0.61 and $1.57. Allied Gaming & Entertainment Inc [NASDAQ: AGAE] shares were valued at $1.74 at the most recent close of the market.
Analyzing the AGAE fundamentals
Trailing Twelve Months sales for Allied Gaming & Entertainment Inc [NASDAQ:AGAE] were 9.26M which represents 93.18% growth. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at -1.19%, Pretax Profit Margin comes in at -1.21%, and Net Profit Margin reading is -1.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.13 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3318 points at the first support level, and at 0.9235 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2665, and for the 2nd resistance point, it is at 2.7929.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Allied Gaming & Entertainment Inc [NASDAQ:AGAE] is 2.57. As well, the Quick Ratio is 2.57, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 8.29, the price to book ratio is 0.90.
Transactions by insiders
Recent insider trading involved Choi Roy, 10% Owner, that happened on Jul 09 ’24 when 0.14 million shares were purchased. 10% Owner, Choi Roy completed a deal on Jul 10 ’24 to buy 68331.0 shares. Meanwhile, 10% Owner Choi Roy bought 0.23 million shares on Jul 02 ’24.
