Neptune Reports Fiscal Second Quarter 2024 Financial Results
NEPTDelisted Stock | USD 0.13 0.01 7.14% |
Slightly above 61% of Neptune Wellness' investor base is looking to short. The analysis of current outlook of investing in Neptune Wellness Solutions suggests that many traders are alarmed regarding Neptune Wellness' prospects. Neptune Wellness' investing sentiment can be driven by a variety of factors including economic data, Neptune Wellness' earnings reports, geopolitical events, and overall market trends.
Neptune |
Neptune Wellness Solutions Inc. , a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the three-month period ending September 30, 2023.
Read at finance.yahoo.com
Neptune Wellness Fundamental Analysis
We analyze Neptune Wellness' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neptune Wellness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neptune Wellness 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.
Total Asset
Total Asset Comparative Analysis
Neptune Wellness is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Neptune Wellness Sol 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 Neptune Wellness stock to make a market-neutral strategy. Peer analysis of Neptune Wellness could also be used in its relative valuation, which is a method of valuing Neptune Wellness by comparing valuation metrics with similar companies.
Peers
Neptune Wellness Related Equities
IMCC | Im Cannabis | 51.23 | ||||
CPHI | China Pharma | 5.26 | ||||
SXTC | China SXT | 5.13 | ||||
AKAN | Akanda Corp | 4.94 | ||||
TKNO | Alpha Teknova | 4.85 | ||||
FLGC | Flora Growth | 1.29 | ||||
SGIOY | Shionogi | 0.29 | ||||
CLVR | Clever Leaves | 0.00 | ||||
ESPR | Esperion Therapeutics | 1.17 | ||||
PAHC | Phibro Animal | 1.70 | ||||
BFRI | Biofrontera | 2.94 | ||||
SNOA | Sonoma Pharmaceuticals | 4.45 | ||||
UPC | Universe Pharmaceuticals | 4.97 | ||||
SBFM | Sunshine Biopharma | 10.20 |
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 american community survey. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Neptune Stock
If you are still planning to invest in Neptune Wellness Sol 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 Neptune Wellness' history and understand the potential risks before investing.
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