Reliq Health Technologies Stock Buy Hold or Sell Recommendation
| RHT Stock | CAD 0.22 0.00 0.00% |
Assuming the 90 days horizon and complete risk avoidance on your part, our recommendation regarding Reliq Health Technologies is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Reliq Health Technologies given historical horizon and risk tolerance towards Reliq Health. When Macroaxis issues a 'buy' or 'sell' recommendation for Reliq Health Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Reliq Health 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 Reliq and provide practical buy, sell, or hold advice based on investors' constraints. Reliq Health Technologies. 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.
Reliq |
Execute Reliq Health Buy or Sell Advice
The Reliq recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Reliq Health Technologies. Macroaxis does not own or have any residual interests in Reliq Health Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Reliq Health's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Reliq Health Trading Alerts and Improvement Suggestions
| Reliq Health generated a negative expected return over the last 90 days | |
| Reliq Health has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 14.62 M. Net Loss for the year was (8.17 M) with profit before overhead, payroll, taxes, and interest of 5.3 M. | |
| Reliq Health Technologies has accumulated about 1.92 M in cash with (8.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Reliq Health Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (9.5M) | (332.2K) | 213.5K | (93.5K) | (84.2K) | (80.0K) | |
| Free Cash Flow | (12.0M) | (6.3M) | (7.1M) | (8.0M) | (7.2M) | (6.9M) | |
| Net Income | (13.0M) | (11.1M) | (11.8M) | (8.2M) | (7.4M) | (7.0M) | |
| End Period Cash Flow | 345.0K | 12.8K | 226.3K | 132.8K | 152.7K | 145.1K | |
| Other Non Cash Items | (504.2K) | 36.2K | 46.6K | (7.6K) | (6.8K) | (6.5K) | |
| Change To Netincome | 962.9K | 3.7M | 4.4M | 5.5M | 6.3M | 6.6M |
Reliq Health 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 Reliq Health or Health Care Technology 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 Reliq Health's price will be affected by overall stock 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 Reliq stock'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 |
Reliq Health Volatility Alert
At this time Reliq Health Technologies exhibits very low volatility. Reliq Health Technologies is a potential penny stock. Although Reliq Health may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Reliq Health Technologies. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Reliq instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.Reliq Health Fundamentals Vs Peers
Comparing Reliq Health'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 Reliq Health's direct or indirect competition across all of the common fundamentals between Reliq Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Reliq Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Reliq Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Reliq Health by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Reliq Health to competition |
| Fundamentals | Reliq Health | Peer Average |
| Return On Equity | -0.0449 | -0.31 |
| Return On Asset | -0.053 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 43.39 M | 16.62 B |
| Shares Outstanding | 196.76 M | 571.82 M |
| Shares Owned By Insiders | 1.76 % | 10.09 % |
| Shares Owned By Institutions | 2.81 % | 39.21 % |
| Number Of Shares Shorted | 504.11 K | 4.71 M |
| Price To Book | 5.12 X | 9.51 X |
| Price To Sales | 3.19 X | 11.42 X |
| Revenue | 14.62 M | 9.43 B |
| Gross Profit | 5.3 M | 27.38 B |
| EBITDA | (1.21 M) | 3.9 B |
| Net Income | (8.17 M) | 570.98 M |
| Cash And Equivalents | 1.92 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 305 K | 5.32 B |
| Current Ratio | 5.40 X | 2.16 X |
| Book Value Per Share | 0.07 X | 1.93 K |
| Cash Flow From Operations | (8.03 M) | 971.22 M |
| Short Ratio | 13.30 X | 4.00 X |
| Earnings Per Share | (0.02) X | 3.12 X |
| Target Price | 1.75 | |
| Beta | 1.54 | -0.15 |
| Market Capitalization | 46.65 M | 19.03 B |
| Total Asset | 10.27 M | 29.47 B |
| Retained Earnings | (69.87 M) | 9.33 B |
| Working Capital | 3.26 M | 1.48 B |
| Net Asset | 10.27 M |
Reliq Health Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Reliq . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Reliq Health Buy or Sell Advice
When is the right time to buy or sell Reliq Health Technologies? Buying financial instruments such as Reliq Stock 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.
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Additional Tools for Reliq Stock Analysis
When running Reliq Health's price analysis, check to measure Reliq Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliq Health is operating at the current time. Most of Reliq Health's value examination focuses on studying past and present price action to predict the probability of Reliq Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliq Health's price. Additionally, you may evaluate how the addition of Reliq Health to your portfolios can decrease your overall portfolio volatility.