Pure Global Cannabis Stock Buy Hold or Sell Recommendation
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Pure Global Cannabis is 'Strong Sell'. Macroaxis provides Pure Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRCNF positions.
Check out Pure Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Pure and provide practical buy, sell, or hold advice based on investors' constraints. Pure Global Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pure |
Execute Pure Global Buy or Sell Advice
The Pure recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Pure Global Cannabis. Macroaxis does not own or have any residual interests in Pure Global Cannabis or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Pure Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Pure Global Trading Alerts and Improvement Suggestions
| Pure Global Cannabis generated a negative expected return over the last 90 days | |
| Pure Global Cannabis has some characteristics of a very speculative penny stock | |
| Pure Global Cannabis has a very high chance of going through financial distress in the upcoming years | |
| Pure Global Cannabis has accumulated 7.23 M in total debt with debt to equity ratio (D/E) of 3.05, implying the company greatly relies on financing operations through barrowing. Pure Global Cannabis has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pure Global until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pure Global Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Global's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (23.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pure Global Cannabis has accumulated about 146.1 K in cash with (8.99 M) of positive cash flow from operations. | |
| Roughly 16.0% of Pure Global outstanding shares are owned by corporate insiders |
Pure Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Pure Global or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Pure Global's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Pure pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Pure Global Volatility Alert
At this time Pure Global Cannabis exhibits very low volatility. You can indeed make money on Pure instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Pure Global Fundamentals Vs Peers
Comparing Pure Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Pure Global's direct or indirect competition across all of the common fundamentals between Pure Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Pure Global or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Pure Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Pure Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Pure Global to competition |
| Fundamentals | Pure Global | Peer Average |
| Return On Equity | -1.46 | -0.31 |
| Return On Asset | -0.29 | -0.14 |
| Operating Margin | (7.56) % | (5.51) % |
| Current Valuation | 32.31 K | 16.62 B |
| Shares Outstanding | 161.56 M | 571.82 M |
| Shares Owned By Insiders | 16.36 % | 10.09 % |
| Price To Book | 0.01 X | 9.51 X |
| Price To Sales | 0 X | 11.42 X |
| EBITDA | (23.37 M) | 3.9 B |
| Net Income | (23.42 M) | 570.98 M |
| Cash And Equivalents | 146.1 K | 2.7 B |
| Total Debt | 7.23 M | 5.32 B |
| Debt To Equity | 3.05 % | 48.70 % |
| Current Ratio | 0.31 X | 2.16 X |
| Book Value Per Share | 0.02 X | 1.93 K |
| Cash Flow From Operations | (8.99 M) | 971.22 M |
| Earnings Per Share | (0.06) X | 3.12 X |
| Number Of Employees | 12 | 18.84 K |
| Beta | 0.85 | -0.15 |
| Market Capitalization | 3.23 K | 19.03 B |
| Total Asset | 22.24 M | 29.47 B |
| Z Score | -3.3 | 8.72 |
| Net Asset | 22.24 M |
About Pure Global Buy or Sell Advice
When is the right time to buy or sell Pure Global Cannabis? Buying financial instruments such as Pure Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Pure Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Pure Pink Sheet
Pure Global financial ratios help investors to determine whether Pure Pink Sheet 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 Pure with respect to the benefits of owning Pure Global security.