Royalty Management Holding Corp. (NASDAQ: RMCO)’s stock price has soared by 6.87 in relation to previous closing price of 0.96. Nevertheless, the company has seen a loss of -0.96% in its stock price over the last five trading days.
Is It Worth Investing in Royalty Management Holding Corp. (NASDAQ: RMCO) Right Now?
Royalty Management Holding Corp. (NASDAQ: RMCO) has a higher price-to-earnings ratio of 15.08x compared to its average ratio, The 36-month beta value for RMCO is at -0.34.
The public float for RMCO is 0.74M, and currently, shorts hold a 7.76% of that float. The average trading volume for RMCO on April 19, 2024 was 162.39K shares.
RMCO’s Market Performance
The stock of Royalty Management Holding Corp. (RMCO) has seen a -0.96% decrease in the past week, with a -16.94% drop in the past month, and a -36.02% fall in the past quarter. The volatility ratio for the week is 8.05%, and the volatility levels for the past 30 days are at 8.96% for RMCO. The simple moving average for the past 20 days is -10.66% for RMCO’s stock, with a -82.38% simple moving average for the past 200 days.
RMCO Trading at -19.13% from the 50-Day Moving Average
After a stumble in the market that brought RMCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.52% of loss for the given period.
Volatility was left at 8.96%, however, over the last 30 days, the volatility rate increased by 8.05%, as shares sank -18.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.05% lower at present.
During the last 5 trading sessions, RMCO fell by -0.96%, which changed the moving average for the period of 200-days by -89.90% in comparison to the 20-day moving average, which settled at $1.1414. In addition, Royalty Management Holding Corp. saw -39.41% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RMCO
Current profitability levels for the company are sitting at:
- -3.98 for the present operating margin
- 1.0 for the gross margin
The net margin for Royalty Management Holding Corp. stands at -5.72. The total capital return value is set at -0.12. Equity return is now at value 3.70, with 1.96 for asset returns.
Based on Royalty Management Holding Corp. (RMCO), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -2.48.
Currently, EBITDA for the company is -1.21 million with net debt to EBITDA at -1.53. When we switch over and look at the enterprise to sales, we see a ratio of 47.42. The receivables turnover for the company is 5.14for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.
Conclusion
In conclusion, Royalty Management Holding Corp. (RMCO) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
