Eastern Silk (India) Price on February 20, 2024

EASTSILK   1.80  0.00  0.00%   
Below is the normalized historical share price chart for Eastern Silk Industries extending back to June 02, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eastern Silk stands at 1.80, as last reported on the 29th of December, with the highest price reaching 1.80 and the lowest price hitting 1.80 during the day.
200 Day MA
2.1798
50 Day MA
1.8
Beta
1.045
 
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Yuan Drop
 
Covid
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. We have found three technical indicators for Eastern Silk Industries, which you can use to evaluate the volatility of the firm.
  
At this time, Eastern Silk's Common Stock Shares Outstanding is quite stable compared to the past year. Total Stockholder Equity is expected to rise to about 645.5 M this year, although the value of Other Stockholder Equity will most likely fall to about 445.1 M. . Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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EASTSILK
Based on monthly moving average Eastern Silk is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eastern Silk by adding Eastern Silk to a well-diversified portfolio.
Book Value
8.06
Enterprise Value
568.8 M
Enterprise Value Ebitda
(9.74)
Price Sales
0.8286
Shares Float
36 M

Eastern Silk Valuation on February 20, 2024

It is possible to determine the worth of Eastern Silk on a given historical date. On February 20, 2024 Eastern was worth 2.6 at the beginning of the trading date compared to the closed value of 2.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern Silk stock. Still, in general, we apply an absolute valuation method to find Eastern Silk's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eastern Silk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern Silk's related companies.
 Open High Low Close Volume
  2.60    2.60    2.60    2.60    8,681  
02/20/2024
  2.60    2.60    2.50    2.50    12,281  
  2.40    2.40    2.40    2.40    13,858  
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Open Value
2.6
2.5
Closing Value
2.60
Upside

Eastern Silk Trading Date Momentum on February 20, 2024

On February 21 2024 Eastern Silk Industries was traded for  2.40  at the closing time. The highest price during the trading period was 2.40  and the lowest recorded bid was listed for  2.40 . The volume for the day was 13.9 K. This history from February 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.00% . The overall trading delta to the current price is 18.00% .

Eastern Silk Industries Fundamentals Correlations and Trends

By evaluating Eastern Silk's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eastern Silk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastern financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Eastern Silk Stock history

Eastern Silk investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern Silk Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eastern Silk stock prices may prove useful in developing a viable investing in Eastern Silk
Last ReportedProjected for Next Year
Common Stock Shares Outstanding78.9 M82.6 M
Net Loss-166 M-174.3 M

Eastern Silk Stock Technical Analysis

Eastern Silk technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eastern Silk technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eastern Silk trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Eastern Silk Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eastern Silk Industries cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Eastern Silk December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Eastern Silk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Silk shares will generate the highest return on investment. By undertsting and applying Eastern Silk stock market strength indicators, traders can identify Eastern Silk Industries entry and exit signals to maximize returns

Other Information on Investing in Eastern Stock

Eastern Silk financial ratios help investors to determine whether Eastern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Silk security.