Nexoptic Technology Corp Stock Shares Outstanding

NXO Stock  CAD 0.04  0.01  14.29%   
Nexoptic Technology Corp fundamentals help investors to digest information that contributes to Nexoptic Technology's financial success or failures. It also enables traders to predict the movement of Nexoptic Stock. The fundamental analysis module provides a way to measure Nexoptic Technology'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 Nexoptic Technology stock.
Common Stock Shares Outstanding is likely to climb to about 204.5 M in 2024.
  
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Nexoptic Technology Corp Company Shares Outstanding Analysis

Nexoptic Technology'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 Nexoptic Technology Shares Outstanding

    
  195.22 M  
Most of Nexoptic Technology'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, Nexoptic Technology Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nexoptic Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Nexoptic Technology is extremely important. It helps to project a fair market value of Nexoptic Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Nexoptic Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexoptic Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexoptic Technology's interrelated accounts and indicators.
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

Nexoptic Common Stock Shares Outstanding

Common Stock Shares Outstanding

204.5 Million

At this time, Nexoptic Technology's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Nexoptic Technology Corp has 195.22 M of shares currently outstending. This is 2.79% higher than that of the Electronic Equipment, Instruments & Components sector and 41.16% lower than that of the Information Technology industry. The shares outstanding for all Canada stocks is 65.86% higher than that of the company.

Nexoptic Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexoptic Technology'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 Nexoptic Technology could also be used in its relative valuation, which is a method of valuing Nexoptic Technology by comparing valuation metrics of similar companies.
Nexoptic Technology is currently under evaluation in shares outstanding category among its peers.

Nexoptic Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nexoptic Technology from analyzing Nexoptic Technology's financial statements. These drivers represent accounts that assess Nexoptic Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nexoptic Technology's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap52.2M65.2M71.5M12.3M6.8M6.5M
Enterprise Value52.0M62.9M71.2M11.6M6.9M6.5M

Nexoptic Fundamentals

About Nexoptic Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nexoptic Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexoptic Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexoptic Technology Corp 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.

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Additional Tools for Nexoptic Stock Analysis

When running Nexoptic Technology's price analysis, check to measure Nexoptic Technology'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 Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to predict the probability of Nexoptic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexoptic Technology's price. Additionally, you may evaluate how the addition of Nexoptic Technology to your portfolios can decrease your overall portfolio volatility.