Hanover Foods Stock Analysis

Hanover Pink Sheet Analysis Notes

The company recorded earning per share (EPS) of 15.73. Hanover Foods last dividend was issued on the 9th of February 2023. Hanover Foods Corporation engages in processing, packaging, and selling fresh canned and frozen products. The company was founded in 1924 and is based in Hanover, Pennsylvania. Hanover Foods operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 2205 people.The quote for Hanover Foods is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Hanover Foods call John Warehime at 717-632-6000 or check out https://www.hanoverfoods.com.

Hanover Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 56.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hanover Foods's market, we take the total number of its shares issued and multiply it by Hanover Foods'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.

Hanover Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Technical Drivers

As of the 3rd of February, Hanover Foods retains the Standard Deviation of 1.94, risk adjusted performance of 0.0828, and Market Risk Adjusted Performance of 0.5364. Hanover Foods technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Hanover Foods Price Movement Analysis

Hanover Foods Outstanding Bonds

Hanover Foods Predictive Daily Indicators

Hanover Foods Forecast Models

Hanover Foods' time-series forecasting models are one of many Hanover Foods' pink sheet 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 Hanover Foods' 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.

Hanover Foods Debt to Cash Allocation

Hanover Foods has accumulated 21.07 M in total debt with debt to equity ratio (D/E) of 0.59, which is about average as compared to similar companies. Hanover Foods has a current ratio of 1.5, which is within standard range for the sector. Debt can assist Hanover Foods until it has trouble settling it off, either with new capital or with free cash flow. So, Hanover Foods' 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 Hanover Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hanover to invest in growth at high rates of return. When we think about Hanover Foods' use of debt, we should always consider it together with cash and equity.

Hanover Foods 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 Hanover Foods' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Hanover Foods, which in turn will lower the firm's financial flexibility.

Hanover Foods Corporate Bonds Issued

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Hanover Foods 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 Hanover 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 Hanover Foods. By using and applying Hanover Pink Sheet analysis, traders can create a robust methodology for identifying Hanover entry and exit points for their positions.

When running Hanover Foods' price analysis, check to measure Hanover Foods' 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 Hanover Foods is operating at the current time. Most of Hanover Foods' value examination focuses on studying past and present price action to predict the probability of Hanover Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Foods' price. Additionally, you may evaluate how the addition of Hanover Foods to your portfolios can decrease your overall portfolio volatility.