CECO Environmental Non-GAAP EPS of 0.14 misses by 0.06, revenue of 135.51M misses by 20.43M
About 67% of China Distance's investor base is looking to short. The analysis of current outlook of investing in China Distance Education suggests that many traders are alarmed regarding China Distance's prospects. China Distance's investing sentiment shows overall attitude of investors towards China Distance Education.
China |
CECO Environmental reports Q3 earnings miss, updates 2024 guidance with revenue between 575-600 million and adjusted EBITDA between 65-70 million.
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China Distance Fundamental Analysis
We analyze China Distance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Distance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Distance 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 Asset
Current Asset Comparative Analysis
China Distance is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
China Distance Education 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 China Distance stock to make a market-neutral strategy. Peer analysis of China Distance could also be used in its relative valuation, which is a method of valuing China Distance by comparing valuation metrics with similar companies.
Peers
China Distance Related Equities
STZ | Constellation Brands | 2.11 | ||||
NR | Newpark Resources | 0.84 | ||||
CECO | CECO Environmental | 0.53 | ||||
VDKB | Vodka Brands | 0.00 | ||||
MJWNY | Naked Wines | 0.00 | ||||
DFH | Dream Finders | 0.21 |
Check out Investing Opportunities 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 bureau of economic analysis. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in China Stock
If you are still planning to invest in China Distance Education 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 China Distance's history and understand the potential risks before investing.
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