The public float for SPPL is 4.48M, and currently, short sellers hold a 1.93% ratio of that floaft. The average trading volume of SPPL on April 24, 2024 was 299.85K shares.
SPPL) stock’s latest price update
Simpple Ltd. (NASDAQ: SPPL)’s stock price has gone rise by 11.57 in comparison to its previous close of 0.67, however, the company has experienced a 18.61% increase in its stock price over the last five trading days. Market Watch reported 2023-09-12 that Simpple reduced the number of shares it is issuing as part of its initial public offering, and disclosed the price of the offering.
SPPL’s Market Performance
SPPL’s stock has risen by 18.61% in the past week, with a monthly drop of -14.77% and a quarterly drop of -87.75%. The volatility ratio for the week is 10.38% while the volatility levels for the last 30 days are 8.57% for Simpple Ltd. The simple moving average for the past 20 days is 1.89% for SPPL’s stock, with a -84.23% simple moving average for the past 200 days.
SPPL Trading at -69.33% from the 50-Day Moving Average
After a stumble in the market that brought SPPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.28% of loss for the given period.
Volatility was left at 8.57%, however, over the last 30 days, the volatility rate increased by 10.38%, as shares sank -14.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -84.16% lower at present.
During the last 5 trading sessions, SPPL rose by +18.61%, in comparison to the 20-day moving average, which settled at $0.7275. In addition, Simpple Ltd. saw -87.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SPPL
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.55 for the gross margin
The net margin for Simpple Ltd. stands at -0.12. The total capital return value is set at -0.54.
Based on Simpple Ltd. (SPPL), the company’s capital structure generated 0.9 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 8.61. The interest coverage ratio of the stock is -7.44.
Currently, EBITDA for the company is -0.23 million with net debt to EBITDA at -9.93. When we switch over and look at the enterprise to sales, we see a ratio of 3.06. The receivables turnover for the company is 8.35for trailing twelve months and the total asset turnover is 1.12.
Conclusion
In a nutshell, Simpple Ltd. (SPPL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
