Biotricity Launches Direct-to-Consumer Heart Health Screening Service, HeartSecure, Making Heart Health Services Accessible in Response to the 1 Global Killer, Poising Company to Access the Growing Home Diagnostics Market
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 |
REDWOOD CITY, CA ACCESSWIRE June 12, 2024 Biotricity Inc. , a forerunning Technology-as-a-Service company committed to disrupting the healthcare industry with cutting-edge me
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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.
Current Ratio
Current Ratio Comparative Analysis
Biotricity is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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
BMRA | Biomerica | 21.88 | ||||
NSYS | Nortech Systems | 11.65 | ||||
DCTH | Delcath Systems | 5.88 | ||||
MOVE | Movano | 4.64 | ||||
MODD | Modular Medical | 3.66 | ||||
TELA | Tela Bio | 3.63 | ||||
PAVM | PAVmed | 3.19 | ||||
CLPT | Clearpoint Neuro | 2.15 | ||||
NARI | Inari Medical | 1.74 | ||||
HSCS | Heart Test | 1.72 | ||||
MXCT | MaxCyte | 0.85 | ||||
BJDX | Bluejay Diagnostics | 0.57 | ||||
CVRX | CVRx | 0.07 | ||||
SRDX | SurModics | 0.23 | ||||
AIMD | Ainos | 2.08 | ||||
NVNO | EnVVeno Medical | 2.51 | ||||
BBLG | Bone Biologics | 3.17 | ||||
BSGM | BioSig Technologies, | 6.28 |
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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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