Progressive Care Stock Return On Equity
RXMDDelisted Stock | USD 2.11 0.00 0.00% |
Progressive Care fundamentals help investors to digest information that contributes to Progressive Care's financial success or failures. It also enables traders to predict the movement of Progressive OTC Stock. The fundamental analysis module provides a way to measure Progressive Care'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 Progressive Care otc stock.
Progressive |
Progressive Care OTC Stock Return On Equity Analysis
Progressive Care's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Progressive Care Return On Equity | -0.24 |
Most of Progressive Care's fundamental indicators, such as Return On Equity, 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, Progressive Care is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Progressive Care has a Return On Equity of -0.2357. This is 99.02% lower than that of the Healthcare sector and significantly lower than that of the Pharmaceutical Retailers industry. The return on equity for all United States stocks is 23.97% lower than that of the firm.
Progressive Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Progressive Care's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Progressive Care could also be used in its relative valuation, which is a method of valuing Progressive Care by comparing valuation metrics of similar companies.Progressive Care is currently under evaluation in return on equity category among its peers.
Progressive Fundamentals
Return On Equity | -0.24 | |||
Return On Asset | -0.12 | |||
Profit Margin | (0.30) % | |||
Operating Margin | (0.07) % | |||
Current Valuation | 21.7 M | |||
Shares Outstanding | 3.35 M | |||
Shares Owned By Insiders | 13.91 % | |||
Price To Earning | 20.00 X | |||
Price To Book | 39.78 X | |||
Price To Sales | 0.50 X | |||
Revenue | 38.85 M | |||
Gross Profit | 10.17 M | |||
EBITDA | 2.18 M | |||
Net Income | 217.99 K | |||
Cash And Equivalents | 2.23 M | |||
Total Debt | 3.11 M | |||
Current Ratio | 0.59 X | |||
Book Value Per Share | (2.84) X | |||
Cash Flow From Operations | (757.93 K) | |||
Earnings Per Share | (0) X | |||
Number Of Employees | 118 | |||
Beta | -0.49 | |||
Market Capitalization | 14.23 M | |||
Total Asset | 10.63 M | |||
Retained Earnings | (3.21 M) | |||
Working Capital | 2 K | |||
Current Asset | 1.76 M | |||
Current Liabilities | 1.76 M | |||
Z Score | 5.4 | |||
Net Asset | 10.63 M |
About Progressive Care Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Progressive Care's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progressive Care using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Progressive Care based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Progressive OTC Stock
If you are still planning to invest in Progressive Care 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 Progressive Care's history and understand the potential risks before investing.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |