Sale by Michael Williams of 1153 shares of Timkensteel Corp

QTEKDelisted Stock  USD 0.01  0.00  0.00%   
About 57% of QualTek Services' investor base is looking to short. The analysis of current outlook of investing in QualTek Services suggests that many traders are alarmed regarding QualTek Services' prospects. QualTek Services' investing sentiment shows overall attitude of investors towards QualTek Services.
  
Filed transaction by Timkensteel Corp director. General open market or private sale of non-derivative or derivative security

Read at macroaxis.com
Timkensteel insider trading alert for sale of common shares by Michael Williams, President CEO, on 24th of January 2024. This event was filed by Timkensteel Corp with SEC on 2024-01-24. Statement of changes in beneficial ownership - SEC Form 4. Michael Williams currently serves as president, chief executive officer, director of Timkensteel Corp

QualTek Services Fundamental Analysis

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

QualTek Services 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.

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

Peers

QualTek Services Related Equities

LBRDKLiberty Broadband   1.42   
0%
27.0%
LBRDALiberty Broadband   1.34   
0%
25.0%
CNSLConsolidated Communications   0.21   
0%
4.0%
KTKT   0.44   
8.0%
0%
TVGrupo Televisa   0.50   
9.0%
0%
RBBNRibbon Communications   0.51   
9.0%
0%
FNGRFingerMotion   0.98   
18.0%
0%
IDTIDT   2.94   
56.0%
0%
CCOICogent Communications   3.22   
62.0%
0%
KOREKORE Group   5.16   
100.0%
0%
Check out Your Equity Center 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 income.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in QualTek Stock

If you are still planning to invest in QualTek Services 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 QualTek Services' history and understand the potential risks before investing.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance