In a recent trade session, SORL Auto Parts Inc. (NASDAQ:$SORL) saw a bid of $4.67 with a volume of 54,727 shares. This represented a volatility of -0.64%.
Despite the monumental highs in the stock market right now, savvy advisors may be on the lookout for more bearish stocks to take advantage of. Opinion is divided on whether or not the bulls will continue to take the reigns or if we can expect the market to turn around in the near future. Of course, no one can tell us what will happen, but wise advisors build a portfolio that can withstand either scenario with healthy diversification.
With this in mind, let’s take a look at the numbers for SORL.
SORL currently has a yearly EPS of $1.26. The EPS is a measure of the total net income divided by outstanding shares, or put simply, it shows how profitable an owner for each shareholder.
We can also take a look at some profitability ratios.
SORL currently has a Return on Assets of 6.18. The ROA is a useful ratio that compares a company’s net income to total assets over a given period of time. This can be helpful in illustrating how profitable a company’s assets are. A higher ROA indicates that a company has successfully capitalized on assets, whereas a low or negative ROA may indicate that a company is losing money compared to its assets.
Another ratio we can look at is Return on Invested Capital. The ROIC is similar to the ROA in that it compares net income to another company stat, in this case, total capital invested. The ratio indicates how a company generates profits on invested income. SORL currently has an ROIC of 11.33.
Finally, we can take a look at the Return of Equity. The ROE is a ratio that compares net income to investments received from shareholders, to reveal how effective the firm is at generating profits from shareholder investments. Typically, a high ROE indicates that a company is run well on a higher level, whereas a low number would indicate the opposite. SORL currently has an ROE of 11.33.
Lastly, we can take a look at some long term metrics to gauge how healthy the stock is. A useful tool for this is the 52 week highs and lows. These numbers are useful for seeing what direction a stock is trending, and what a potential investor can expect from their investment. SORL currently has a 52 week low of $2.68 and a 52 week high of $9.74.
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