Basanite Stock Analysis

Basanite OTC Stock Analysis Notes

About 30.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.06. Basanite had not issued any dividends in recent years. The entity had 1:69 split on the 17th of May 2013. Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida. Basanite operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 23 people.The quote for Basanite is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Basanite please contact the company at 954 532 4653 or go to https://www.basaniteindustries.com.

Basanite Investment Alerts

Basanite Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Basanite's market, we take the total number of its shares issued and multiply it by Basanite's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 6th of January, Basanite shows the Downside Deviation of 10.02, risk adjusted performance of 0.0484, and Mean Deviation of 8.92. Basanite technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Basanite, which can be compared to its peers.

Basanite Price Movement Analysis

Basanite Outstanding Bonds

Basanite Predictive Daily Indicators

Basanite Forecast Models

Basanite's time-series forecasting models are one of many Basanite's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Basanite's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Basanite Debt to Cash Allocation

Basanite currently holds 3.61 M in liabilities. Basanite has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Basanite until it has trouble settling it off, either with new capital or with free cash flow. So, Basanite's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Basanite sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Basanite to invest in growth at high rates of return. When we think about Basanite's use of debt, we should always consider it together with cash and equity.

Basanite Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Basanite's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Basanite, which in turn will lower the firm's financial flexibility.

Basanite Corporate Bonds Issued

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Basanite prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Basanite shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Basanite. By using and applying Basanite OTC Stock analysis, traders can create a robust methodology for identifying Basanite entry and exit points for their positions.

When running Basanite's price analysis, check to measure Basanite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Basanite is operating at the current time. Most of Basanite's value examination focuses on studying past and present price action to predict the probability of Basanite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basanite's price. Additionally, you may evaluate how the addition of Basanite to your portfolios can decrease your overall portfolio volatility.