Covista Communications Analysis
CVSTDelisted Stock | USD 0.02 0.00 0.00% |
Covista Communications is overvalued with Real Value of 0.0146 and Hype Value of 0.02. The main objective of Covista Communications pink sheet analysis is to determine its intrinsic value, which is an estimate of what Covista Communications is worth, separate from its market price. There are two main types of Covista Communications' stock analysis: fundamental analysis and technical analysis.
The Covista Communications pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Covista |
Covista Pink Sheet Analysis Notes
The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Covista Communications recorded a loss per share of 0.18. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 16th of July 1998. Covista Communications, Inc. provides telecommunications and data services in the United States. The company was founded in 1959 and is based in Hickory, North Carolina. Covista Comm operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 162 people.The quote for Covista Communications is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Covista Communications please contact the company at 800-735-8600 or go to https://www.covista.net.Covista Communications Investment Alerts
Covista Communications is not yet fully synchronised with the market data | |
Covista Communications has some characteristics of a very speculative penny stock | |
Covista Communications has a very high chance of going through financial distress in the upcoming years | |
The company reported the previous year's revenue of 59.84 M. Net Loss for the year was (5.33 M) with profit before overhead, payroll, taxes, and interest of 27.01 M. | |
Covista Communications currently holds about 6.51 M in cash with (5.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Covista Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Covista Communications's market, we take the total number of its shares issued and multiply it by Covista Communications'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.Covista Profitablity
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03.Covista Communications Outstanding Bonds
Covista Communications issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Covista Communications uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Covista bonds can be classified according to their maturity, which is the date when Covista Communications has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Covista Communications Predictive Daily Indicators
Covista Communications intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Covista Communications pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Rate Of Daily Change | 1.0 | |||
Day Median Price | 0.0185 | |||
Day Typical Price | 0.0185 | |||
Relative Strength Index | 13.24 |
About Covista Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Covista Communications 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 Covista shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Covista Communications. By using and applying Covista Pink Sheet analysis, traders can create a robust methodology for identifying Covista entry and exit points for their positions.
Covista Communications, Inc. provides telecommunications and data services in the United States. The company was founded in 1959 and is based in Hickory, North Carolina. Covista Comm operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 162 people.
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Other Consideration for investing in Covista Pink Sheet
If you are still planning to invest in Covista Communications 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 Covista Communications' history and understand the potential risks before investing.
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