Edgio Inc Stock Shares Outstanding

Summary

EGIODelisted Stock

USD 0.02 0.00 0.00%

Edgio Inc fundamentals help investors to digest information that contributes to Edgio's financial success or failures. It also enables traders to predict the movement of Edgio Stock. The fundamental analysis module provides a way to measure Edgio's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Edgio stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Edgio Inc Company Shares Outstanding Analysis

Edgio's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Edgio Shares Outstanding

5.86 M

Most of Edgio's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Edgio Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Competition

Based on the latest financial disclosure, Edgio Inc has 5.86 M of shares currently outstending. This is 96.92% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all United States stocks is 98.98% higher than that of the company.

Edgio Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Edgio's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Edgio could also be used in its relative valuation, which is a method of valuing Edgio by comparing valuation metrics of similar companies.

Edgio is currently under evaluation in shares outstanding category among its peers.

Edgio Fundamentals

	Return On Equity	-0.63
	Return On Asset	-0.14
	Profit Margin	(0.35) %
	Operating Margin	(0.24) %
	Current Valuation	106.01 M
	Shares Outstanding	5.86 M
	Shares Owned By Insiders	3.74 %
	Shares Owned By Institutions	41.05 %
	Number Of Shares Shorted	321.57 K
	Price To Book	0.0008 X
	Price To Sales	0.02 X
	Revenue	403.59 M
	Gross Profit	82.86 M
	EBITDA	(74.24 M)
	Net Income	(141.65 M)
	Cash And Equivalents	77.33 M
	Cash Per Share	0.35 X
	Total Debt	156.5 M
	Debt To Equity	0.41 %
	Current Ratio	2.08 X
	Book Value Per Share	27.24 X
	Cash Flow From Operations	(38.97 M)
	Short Ratio	7.23 X
	Earnings Per Share	(26.00) X
	Price To Earnings To Growth	(9.27) X
	Target Price	30.0
	Number Of Employees	822
	Beta	0.48
	Market Capitalization	6.5 M
	Total Asset	542.38 M
	Retained Earnings	(573.04 M)
	Working Capital	42.86 M
	Net Asset	542.38 M

About Edgio Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Edgio Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edgio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edgio Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Edgio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edgio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edgio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Edgio Stock

0.72	PPERF	Bank Mandiri Persero	Pair Corr
0.79	PPERY	Bank Mandiri Persero	Pair Corr
0.65	BKRKF	PT Bank Rakyat	Pair Corr

Moving against Edgio Stock

0.76	JPM	JPMorgan Chase	Pair Corr
0.75	EXEEW	Expand Energy Symbol Change	Pair Corr
0.75	AXP	American Express Earnings Call This Week	Pair Corr
0.74	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.74	WMT	Walmart	Pair Corr

The ability to find closely correlated positions to Edgio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edgio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edgio Inc to buy it.

The correlation of Edgio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edgio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgio Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Edgio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Consideration for investing in Edgio Stock

If you are still planning to invest in Edgio Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Edgio's history and understand the potential risks before investing.

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