KORE Stock Earnings Kore Group Holdings Misses EPS, Misses Revenue for Q2 2023

KORE Stock  USD 1.60  0.10  5.88%   
About 67% of KORE Group's investor base is looking to short. The analysis of overall sentiment of trading KORE Group Holdings stock suggests that many investors are alarmed at this time. The current market sentiment, together with KORE Group's historical and current headlines, can help investors time the market. In addition, many technical investors use KORE Group Holdings stock news signals to limit their universe of possible portfolio assets.
  
KORE stock results show that Kore Group Holdings missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2023.

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KORE Group Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards KORE Group can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

KORE Group Fundamental Analysis

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

Return On Asset

Return On Asset Comparative Analysis

KORE Group is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

KORE Group Holdings 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 KORE Group stock to make a market-neutral strategy. Peer analysis of KORE Group could also be used in its relative valuation, which is a method of valuing KORE Group by comparing valuation metrics with similar companies.

Peers

KORE Group Related Equities

RBBNRibbon Communications   3.99   
0%
70.0%
TLKTelkom Indonesia   1.61   
0%
28.0%
SHENShenandoah Telecommunicatio   1.37   
0%
24.0%
LBTYKLiberty Global   1.04   
0%
18.0%
LBTYALiberty Global   1.00   
0%
17.0%
LBRDKLiberty Broadband   0.90   
0%
15.0%
LBRDALiberty Broadband   0.89   
0%
15.0%
CNSLConsolidated Communications   0.86   
0%
15.0%
PHIPLDT   0.54   
0%
9.0%
LBRDPLiberty Broadband   0.25   
0%
4.0%
CABOCable One   0.15   
0%
2.0%
SKMSK Telecom   0.21   
3.0%
0%
ATEXAnterix   0.32   
5.0%
0%
CCOICogent Communications   0.46   
8.0%
0%
KTKT   0.77   
13.0%
0%
LILAKLiberty Latin   1.43   
25.0%
0%
ATNIATN International   1.98   
34.0%
0%
TIMBTIM Participacoes   5.70   
100.0%
0%

Complementary Tools for KORE Stock analysis

When running KORE Group's price analysis, check to measure KORE Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KORE Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KORE Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
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