The stock price of Earlyworks Co Ltd ADR (NASDAQ: ELWS) has jumped by 11.33 compared to previous close of 0.70. Despite this, the company has seen a gain of 26.32% in its stock price over the last five trading days. Market Watch reported 2024-02-14 that Shares of Earlyworks Co. Ltd. skyrocketed in very active trading Wednesday, after the blockchain-technology company’s co-founders disclosed increased ownership stakes.
Is It Worth Investing in Earlyworks Co Ltd ADR (NASDAQ: ELWS) Right Now?
The average trading volume of ELWS on May 01, 2024 was 1.72M shares.
ELWS’s Market Performance
ELWS’s stock has seen a 26.32% increase for the week, with a 25.51% rise in the past month and a 106.21% gain in the past quarter. The volatility ratio for the week is 34.39%, and the volatility levels for the past 30 days are at 16.97% for Earlyworks Co Ltd ADR The simple moving average for the past 20 days is 18.44% for ELWS’s stock, with a -3.13% simple moving average for the past 200 days.
ELWS Trading at 19.38% from the 50-Day Moving Average
After a stumble in the market that brought ELWS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.48% of loss for the given period.
Volatility was left at 16.97%, however, over the last 30 days, the volatility rate increased by 34.39%, as shares surge +18.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.64% lower at present.
During the last 5 trading sessions, ELWS rose by +26.32%, in comparison to the 20-day moving average, which settled at $0.6674. In addition, Earlyworks Co Ltd ADR saw 24.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ELWS
Current profitability levels for the company are sitting at:
- -8.34 for the present operating margin
- 0.35 for the gross margin
The net margin for Earlyworks Co Ltd ADR stands at -8.21. The total capital return value is set at -1.4.
Based on Earlyworks Co Ltd ADR (ELWS), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at -2.04. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is -143.91.
Currently, EBITDA for the company is -387.42 million with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 40.29. The receivables turnover for the company is 0.93for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To put it simply, Earlyworks Co Ltd ADR (ELWS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
