Planet Image International Limited Announces Closing of 5 Million Initial Public Offering
| YIBO Stock | 3.68 0.25 7.29% |
About 55% of Planet Image's investors are presently thinking to get in. The analysis of overall sentiment of trading Planet Image International stock suggests that some investors are interested at this time. Planet Image's investing sentiment overview a quick insight into current market opportunities from investing in Planet Image International. Many technical investors use Planet Image Interna stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Planet |
Planet Image International Limited , an export-oriented manufacturer and seller of compatible toner cartridges based in China, the U.S. and Europe, today announced the closing of its initial public offering of 1,250,000 Class A ordinary shares at a public offering price of US4.00 per share. The Class A ordinary shares began trading on The Nasdaq Capital Market under the ticker symbol YIBO on January 25, 2024.
Read at finance.yahoo.com
 |
Planet Image Fundamental Analysis
We analyze Planet Image's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Image using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Image 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 Debt
Total Debt Comparative Analysis
Planet Image is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Planet Image Interna 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 Planet Image stock to make a market-neutral strategy. Peer analysis of Planet Image could also be used in its relative valuation, which is a method of valuing Planet Image by comparing valuation metrics with similar companies.
Peers
Planet Image Related Equities
| JBGS | JBG SMITH | 1.97 | ||||
| JBL | Jabil Circuit | 1.88 | ||||
| PLXS | Plexus Corp | 1.28 | ||||
| ALNT | Allient | 1.25 | ||||
| ADI | Analog Devices | 0.41 | ||||
| MMSI | Merit Medical | 0.23 | ||||
| SKX | Skechers USA | 0.17 | ||||
| NYXH | Nyxoah | 1.55 |
Check out Planet Image Hype Analysis, Planet Image Correlation and Planet Image Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Image. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Image listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Earnings Share 0.15 | Revenue Per Share 3.249 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0429 |
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Image's market value can be influenced by many factors that don't directly affect Planet Image's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.