Locafy Reports Fiscal Fourth Quarter and Full Year 2024 Results
LCFY Stock | USD 4.17 0.38 8.35% |
Slightly above 60% of Locafy's investor base is looking to short. The analysis of overall sentiment of trading Locafy stock suggests that many investors are alarmed at this time. Locafy's investing sentiment can be driven by a variety of factors including economic data, Locafy's earnings reports, geopolitical events, and overall market trends.
PERTH, Australia, Nov. 12, 2024 -- Locafy Limited , a globally recognized...
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Locafy Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Locafy 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.
Locafy Fundamental Analysis
We analyze Locafy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Locafy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Locafy 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.
Profit Margin
Profit Margin Comparative Analysis
Locafy is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Locafy 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 Locafy stock to make a market-neutral strategy. Peer analysis of Locafy could also be used in its relative valuation, which is a method of valuing Locafy by comparing valuation metrics with similar companies.
Peers
Locafy Related Equities
ASST | Asset Entities | 68.09 | ||||
MATH | Metalpha Technology | 19.84 | ||||
SABOF | Sabio Holdings | 5.13 | ||||
OB | Outbrain | 3.37 | ||||
TC | TuanChe ADR | 1.28 | ||||
RTMVY | Rightmove Plc | 0.39 | ||||
TTGT | TechTarget, Common | 0.40 | ||||
SCOR | Comscore | 0.42 | ||||
KRKR | 36Kr Holdings | 0.85 |
Additional Tools for Locafy Stock Analysis
When running Locafy's price analysis, check to measure Locafy'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 Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.