EMagin Drops After Earnings Miss CEO Blames Mixed Results On Timing, Delayed Revenue
EMANDelisted Stock | USD 2.00 0.01 0.50% |
About 53% of EMagin's investor base is interested to short. The analysis of current outlook of investing in EMagin suggests that many traders are impartial regarding EMagin's prospects. EMagin's investing sentiment overview a quick insight into current market opportunities from investing in EMagin. Many technical investors use EMagin stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
EMagin |
Electronics components maker eMagin Corp reported first-quarter FY23 sales decline of 11 percent year-on-year to 6.59 million, missing the analyst consensus estimate of 7.56 mil
Read at benzinga.com
EMagin Fundamental Analysis
We analyze EMagin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EMagin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EMagin 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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
EMagin is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
EMagin 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 EMagin stock to make a market-neutral strategy. Peer analysis of EMagin could also be used in its relative valuation, which is a method of valuing EMagin by comparing valuation metrics with similar companies.
Peers
EMagin Related Equities
KULR | KULR Technology | 75.56 | ||||
LPTH | LightPath Technologies | 10.74 | ||||
KOPN | Kopin | 6.93 | ||||
OUST | Ouster | 3.67 | ||||
OSIS | OSI Systems | 2.47 | ||||
VICR | Vicor | 2.46 | ||||
JBL | Jabil Circuit | 2.20 | ||||
CTS | CTS | 2.17 | ||||
MEI | Methode Electronics | 2.10 | ||||
BELFB | Bel Fuse | 1.69 | ||||
CPSH | Cps Technologies | 0.68 | ||||
DAKT | Daktronics | 0.13 | ||||
BELFA | Bel Fuse | 0.13 | ||||
GLW | Corning Incorporated | 0.54 | ||||
RELL | Richardson Electronics | 0.70 | ||||
FN | Fabrinet | 0.78 | ||||
HOLO | MicroCloud Hologram | 4.67 | ||||
LINK | Interlink Electronics | 5.84 |
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 nation. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in EMagin Stock
If you are still planning to invest in EMagin 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 EMagin's history and understand the potential risks before investing.
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