Lucy Scientifics Fiscal Year Operating Expenses Rise As Accumulated Deficit Hits Over 44M
LSDIDelisted Stock | 0.02 0.00 0.00% |
Under 56% of Lucy Scientific's investor base is looking to short. The analysis of current outlook of investing in Lucy Scientific Discovery suggests that many traders are alarmed regarding Lucy Scientific's prospects. Lucy Scientific's investing sentiment shows overall attitude of investors towards Lucy Scientific Discovery.
Lucy |
Psychedelics company Lucy Scientific Discovery Inc. reported its full-year results for the period ended June 30, 2023. Numbers show Total cash held of 1.67 million, vs. 53,379 held in June 30, 2022.
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Lucy Scientific Fundamental Analysis
We analyze Lucy Scientific's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lucy Scientific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lucy Scientific 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.
Shares Outstanding
Shares Outstanding Comparative Analysis
Lucy Scientific is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Lucy Scientific Discovery 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 Lucy Scientific stock to make a market-neutral strategy. Peer analysis of Lucy Scientific could also be used in its relative valuation, which is a method of valuing Lucy Scientific by comparing valuation metrics with similar companies.
Peers
Lucy Scientific Related Equities
SHPH | Shuttle Pharmaceuticals | 5.06 | ||||
LFCR | Lifecore Biomedical | 1.87 | ||||
CTLT | Catalent | 0.23 | ||||
DERM | Journey Medical | 0.36 | ||||
TLRY | Tilray | 1.54 | ||||
AKAN | Akanda Corp | 1.76 | ||||
CYTH | Cyclo Therapeutics | 2.94 | ||||
ORGO | Organogenesis Holdings | 4.03 |
Check out Correlation Analysis 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 unemployment. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Lucy Stock
If you are still planning to invest in Lucy Scientific Discovery 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 Lucy Scientific's history and understand the potential risks before investing.
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