The stock of Onfolio Holdings Inc (ONFO) has gone up by 10.23% for the week, with a 62.09% rise in the past month and a 8.00% rise in the past quarter. The volatility ratio for the week is 11.92%, and the volatility levels for the past 30 days are 14.88% for ONFO. The simple moving average for the past 20 days is 31.20% for ONFO’s stock, with a -5.02% simple moving average for the past 200 days.
Is It Worth Investing in Onfolio Holdings Inc (NASDAQ: ONFO) Right Now?
The stock has a 36-month beta value of 1.27. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ONFO is 3.48M, and at present, short sellers hold a 1.57% of that float. On May 07, 2024, the average trading volume of ONFO was 187.35K shares.
ONFO) stock’s latest price update
Onfolio Holdings Inc (NASDAQ: ONFO) has experienced a rise in its stock price by 13.75 compared to its previous closing price of 0.56. However, the company has seen a gain of 10.23% in its stock price over the last five trading days. GlobeNewsWire reported 2023-09-05 that WILMINGTON, Del., Sept. 05, 2023 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (the “Company” or “Onfolio”), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, announces that Dominic Wells, Chief Executive Officer, will present a corporate overview at the H.C. Wainwright 25th Annual Global Investment Conference. The conference is being held on September 11 – 13, 2023 at the Lotte New York Palace Hotel.
ONFO Trading at 33.64% from the 50-Day Moving Average
After a stumble in the market that brought ONFO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.46% of loss for the given period.
Volatility was left at 14.88%, however, over the last 30 days, the volatility rate increased by 11.92%, as shares surge +59.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.18% upper at present.
During the last 5 trading sessions, ONFO rose by +10.23%, which changed the moving average for the period of 200-days by -37.55% in comparison to the 20-day moving average, which settled at $0.4974. In addition, Onfolio Holdings Inc saw 24.90% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ONFO starting from Byalik Yury, who purchase 635 shares at the price of $1.17 back on May 26 ’23. After this action, Byalik Yury now owns 118,804 shares of Onfolio Holdings Inc, valued at $743 using the latest closing price.
Byalik Yury, the Head of Strategy & Acquisition of Onfolio Holdings Inc, purchase 1,269 shares at $1.17 during a trade that took place back on May 25 ’23, which means that Byalik Yury is holding 118,169 shares at $1,485 based on the most recent closing price.
Stock Fundamentals for ONFO
Current profitability levels for the company are sitting at:
- -1.54 for the present operating margin
- 0.58 for the gross margin
The net margin for Onfolio Holdings Inc stands at -1.53. The total capital return value is set at -1.51. Equity return is now at value -91.44, with -74.36 for asset returns.
Based on Onfolio Holdings Inc (ONFO), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -158.85. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -116.62.
Currently, EBITDA for the company is -3.22 million with net debt to EBITDA at -0.95. When we switch over and look at the enterprise to sales, we see a ratio of 0.44. The receivables turnover for the company is 58.18for trailing twelve months and the total asset turnover is 0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
To sum up, Onfolio Holdings Inc (ONFO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
