Ocean Harvest Technology Stock Price To Sales
| OHT Stock | 8.75 0.25 2.94% |
Ocean Harvest Technology fundamentals help investors to digest information that contributes to Ocean Harvest's financial success or failures. It also enables traders to predict the movement of Ocean Stock. The fundamental analysis module provides a way to measure Ocean Harvest'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 Ocean Harvest stock.
Ocean | Price To Sales |
Ocean Harvest Technology Company Price To Sales Analysis
Ocean Harvest's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Ocean Harvest Price To Sales | 4.29 X |
Most of Ocean Harvest's fundamental indicators, such as Price To Sales, 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, Ocean Harvest Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Ocean Harvest Technology has a Price To Sales of 4.2929 times. This is 76.66% higher than that of the Food Products sector and 62.99% lower than that of the Consumer Staples industry. The price to sales for all United Kingdom stocks is 62.41% higher than that of the company.
Ocean Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ocean Harvest's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ocean Harvest could also be used in its relative valuation, which is a method of valuing Ocean Harvest by comparing valuation metrics of similar companies.Ocean Harvest is currently under evaluation in price to sales category among its peers.
Ocean Fundamentals
| Return On Equity | -0.6 | ||||
| Return On Asset | -0.34 | ||||
| Profit Margin | (1.31) % | ||||
| Operating Margin | (2.22) % | ||||
| Current Valuation | 10.44 M | ||||
| Shares Outstanding | 125.86 M | ||||
| Shares Owned By Insiders | 77.85 % | ||||
| Shares Owned By Institutions | 6.80 % | ||||
| Price To Book | 3.28 X | ||||
| Price To Sales | 4.29 X | ||||
| Revenue | 2.57 M | ||||
| Gross Profit | 779 K | ||||
| EBITDA | (3.31 M) | ||||
| Total Debt | 424.28 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 0.26 | ||||
| Number Of Employees | 35 | ||||
| Market Capitalization | 11.01 M | ||||
| Total Asset | 6.39 M | ||||
| Retained Earnings | (30.81 M) | ||||
| Working Capital | 5.29 M | ||||
| Net Asset | 6.39 M |
About Ocean Harvest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ocean Harvest Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Harvest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Harvest Technology 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Ocean Stock
Ocean Harvest financial ratios help investors to determine whether Ocean Stock 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 Ocean with respect to the benefits of owning Ocean Harvest security.