Fitell Ordinary Stock Price on June 21, 2024

FTEL Stock   28.63  1.63  6.04%   
If you're considering investing in Fitell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fitell Ordinary stands at 28.63, as last reported on the 29th of November, with the highest price reaching 28.63 and the lowest price hitting 27.06 during the day. Fitell Ordinary is slightly risky given 3 months investment horizon. Fitell Ordinary secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.54% are justified by taking the suggested risk. Use Fitell Ordinary Coefficient Of Variation of 882.45, mean deviation of 7.71, and Downside Deviation of 7.7 to evaluate company specific risk that cannot be diversified away.
  
At this time, Fitell Ordinary's Other Stockholder Equity is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 676.2 K this year, although the value of Total Stockholder Equity will most likely fall to about 5 M. . Price Earnings To Growth Ratio is expected to rise to 0 this year, although the value of Price To Sales Ratio will most likely fall to 3.46. Fitell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1384

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Estimated Market Risk

 11.12
  actual daily
96
96% of assets are less volatile

Expected Return

 1.54
  actual daily
30
70% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Fitell Ordinary is performing at about 10% of its full potential. 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 Fitell Ordinary by adding it to a well-diversified portfolio.
Price Book
60.3107
Enterprise Value Ebitda
(104.22)
Price Sales
140.4615
Shares Float
2.6 M
Earnings Share
(0.66)

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Fitell Ordinary Valuation on June 21, 2024

It is possible to determine the worth of Fitell Ordinary on a given historical date. On June 21, 2024 Fitell was worth 28.58 at the beginning of the trading date compared to the closed value of 29.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fitell Ordinary stock. Still, in general, we apply an absolute valuation method to find Fitell Ordinary'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 Fitell Ordinary where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fitell Ordinary's related companies.
 Open High Low Close Volume
  24.81    29.97    24.81    29.00    275,315  
06/21/2024
  28.58    31.10    27.18    29.76    331,006  
  29.55    29.99    27.70    29.20    108,498  
Backtest Fitell Ordinary  |  Fitell Ordinary History  |  Fitell Ordinary Valuation   PreviousNext  
Open Value
28.58
29.76
Closing Value
61.95
Upside

Fitell Ordinary Trading Date Momentum on June 21, 2024

On June 24 2024 Fitell Ordinary was traded for  29.20  at the closing time. The top price for the day was 29.99  and the lowest listed price was  27.70 . The trading volume for the day was 108.5 K. The trading history from June 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.88% . The overall trading delta against the current closing price is 2.32% .

Fitell Ordinary Fundamentals Correlations and Trends

By evaluating Fitell Ordinary'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 Fitell Ordinary's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fitell financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fitell Ordinary Stock history

Fitell Ordinary 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 Fitell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fitell Ordinary 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 Fitell Ordinary stock prices may prove useful in developing a viable investing in Fitell Ordinary
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.1 M14.2 M
Net Income Applicable To Common Shares11.3 K10.8 K

Fitell Ordinary Quarterly Net Working Capital

6.91 Million

Fitell Ordinary Stock Technical Analysis

Fitell Ordinary 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 Fitell Ordinary technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fitell Ordinary 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

Fitell Ordinary Period Price Range

Low
November 29, 2024
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Fitell Ordinary cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. 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.

Fitell Ordinary November 29, 2024 Market Strength

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

Fitell Ordinary Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fitell Ordinary's price direction in advance. Along with the technical and fundamental analysis of Fitell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fitell to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Fitell Ordinary is a strong investment it is important to analyze Fitell Ordinary's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fitell Ordinary's future performance. For an informed investment choice regarding Fitell Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fitell Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Fitell Stock please use our How to buy in Fitell Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fitell Ordinary. If investors know Fitell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fitell Ordinary listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
0.435
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.22)
Return On Equity
(0.58)
The market value of Fitell Ordinary is measured differently than its book value, which is the value of Fitell that is recorded on the company's balance sheet. Investors also form their own opinion of Fitell Ordinary's value that differs from its market value or its book value, called intrinsic value, which is Fitell Ordinary's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fitell Ordinary's market value can be influenced by many factors that don't directly affect Fitell Ordinary's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fitell Ordinary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fitell Ordinary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fitell Ordinary's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.