Biotricity Regains Nasdaq Listing Compliance

Slightly above 67% of Biotricity's investor base is looking to short. The analysis of overall sentiment of trading Biotricity stock suggests that many investors are alarmed at this time. Biotricity's investing sentiment can be driven by a variety of factors including economic data, Biotricity's earnings reports, geopolitical events, and overall market trends.
  
Biotricity, Inc. , a Technology-as-a-Service company operating in the remote cardiac monitor sector of consumer healthcare, today announced that it has received notice from The NASDAQ Stock Market LLC on July 18, 2023 informing Biotricity that it has regained compliance with the minimum bid price requirement under NASDAQ Listing Rule 5550 for continued listing on The NASDAQ Capital Market.

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Biotricity Fundamental Analysis

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

EBITDA

EBITDA Comparative Analysis

Biotricity is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Biotricity Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Biotricity stock to make a market-neutral strategy. Peer analysis of Biotricity could also be used in its relative valuation, which is a method of valuing Biotricity by comparing valuation metrics with similar companies.

Peers

Biotricity Related Equities

BJDXBluejay Diagnostics   10.59   
0%
100.0%
BSGMBioSig Technologies,   5.68   
0%
53.0%
CLPTClearpoint Neuro   2.18   
0%
20.0%
MOVEMovano   1.89   
0%
17.0%
DCTHDelcath Systems   1.58   
0%
14.0%
MODDModular Medical   1.19   
0%
11.0%
CVRXCVRx   0.08   
1.0%
0%
NSYSNortech Systems   0.30   
2.0%
0%
HSCSHeart Test   0.84   
7.0%
0%
SRDXSurModics   1.26   
11.0%
0%
MXCTMaxCyte   2.62   
24.0%
0%
TELATela Bio   2.78   
26.0%
0%
BMRABiomerica   3.95   
37.0%
0%
PAVMPAVmed   5.13   
48.0%
0%
BBLGBone Biologics   5.32   
50.0%
0%
AIMDAinos   5.36   
50.0%
0%
NVNOEnVVeno Medical   9.92   
93.0%
0%
Check out Trending Equities 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 main economic indicators.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Consideration for investing in Biotricity Stock

If you are still planning to invest in Biotricity 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 Biotricity's history and understand the potential risks before investing.
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