NuZee Announces Expanded Customer Relationship with Potential 2 Million of Incremental Annual Revenue and Entrance into Bagged Coffee Market
| NUZEDelisted Stock | USD 0.99 0.14 16.47% |
About 54% of Nuzee's shareholders are presently thinking to get in. The analysis of current outlook of investing in Nuzee Inc suggests that some traders are interested regarding Nuzee's prospects. The current market sentiment, together with Nuzee's historical and current headlines, can help investors time the market. In addition, many technical investors use Nuzee Inc stock news signals to limit their universe of possible portfolio assets.
Nuzee |
NuZee, Inc. , a leading coffee co-packing and technology company, today announced an expanded relationship with one of its largest customers, received a forecast for shipments from the customer, and agreed to begin supplying additional products to the customer starting in the first and second quarters of fiscal year 2024. Revenues from this customer for the first nine months of fiscal year 2023 totaled approximately 427,000.
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Nuzee Fundamental Analysis
We analyze Nuzee's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuzee using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuzee 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.
Beta
Beta Comparative Analysis
Nuzee is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Nuzee Inc 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 Nuzee stock to make a market-neutral strategy. Peer analysis of Nuzee could also be used in its relative valuation, which is a method of valuing Nuzee by comparing valuation metrics with similar companies.
Peers
Nuzee Related Equities
| BSFC | Blue Star | 3.23 | ||||
| LSF | Laird Superfood | 1.12 | ||||
| SNAX | Stryve Foods | 1.09 | ||||
| BTTR | Better Choice | 1.02 | ||||
| BTOG | Bit Origin | 2.17 | ||||
| PLAG | Planet Green | 6.79 | ||||
| SHRG | Sharing Services | 10.26 |
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 nation. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Nuzee Stock
If you are still planning to invest in Nuzee Inc 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 Nuzee's history and understand the potential risks before investing.
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