Acquisition by Michael Williams of 635100 shares of Timkensteel Corp subject to Rule 16b-3

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. Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
Timkensteel insider trading alert for grant of common shares by Michael Williams, President CEO, on 6th of February 2024. This event was filed by Timkensteel Corp with SEC on 2024-02-07. 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.

Gross Profit

Gross Profit Comparative Analysis

QualTek Services is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

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

LBRDALiberty Broadband   3.55   
0%
51.0%
LBRDKLiberty Broadband   3.35   
0%
48.0%
FNGRFingerMotion   1.02   
0%
14.0%
CNSLConsolidated Communications   0.21   
0%
3.0%
CCOICogent Communications   0.18   
0%
2.0%
RBBNRibbon Communications   0.51   
7.0%
0%
KTKT   1.32   
19.0%
0%
IDTIDT   1.93   
27.0%
0%
TVGrupo Televisa   2.02   
29.0%
0%
KOREKORE Group   6.90   
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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.
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