Biotricity Cut to Neutral at HC Wainwright
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 |
Biotricity was downgraded by HC Wainwright from a buy rating to a neutral rating in a report issued on Monday, MarketBeat reports. Biotricity Price Performance Shares of BTCY opened at 0.91 on Monday. Biotricity has a 12 month low of 0.70 and a 12 month high of 7.44. The stocks
Read at thelincolnianonline.com
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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Biotricity is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
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
BBLG | Bone Biologics | 9.80 | ||||
BSGM | BioSig Technologies, | 3.26 | ||||
MODD | Modular Medical | 3.17 | ||||
NVNO | EnVVeno Medical | 3.05 | ||||
NSYS | Nortech Systems | 1.76 | ||||
HSCS | Heart Test | 0.92 | ||||
NARI | Inari Medical | 0.01 | ||||
TELA | Tela Bio | 0.38 | ||||
CLPT | Clearpoint Neuro | 0.62 | ||||
PAVM | PAVmed | 0.75 | ||||
MXCT | MaxCyte | 0.87 | ||||
DCTH | Delcath Systems | 2.19 | ||||
MOVE | Movano | 2.88 | ||||
SRDX | SurModics | 3.66 | ||||
CVRX | CVRx | 3.87 | ||||
AIMD | Ainos | 4.23 | ||||
BMRA | Biomerica | 9.93 | ||||
BJDX | Bluejay Diagnostics | 13.27 |
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |