Igen Networks Corp Stock Analysis

IGEN Stock  USD 0.0001  0.00  0.00%   
IGEN Networks Corp is overvalued with Real Value of 6.3E-5 and Hype Value of 1.0E-4. The main objective of IGEN Networks pink sheet analysis is to determine its intrinsic value, which is an estimate of what IGEN Networks Corp is worth, separate from its market price. There are two main types of IGEN Networks' stock analysis: fundamental analysis and technical analysis.
The IGEN Networks 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.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IGEN Networks Corp. 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.

IGEN Pink Sheet Analysis Notes

The company recorded a loss per share of 0.0. IGEN Networks Corp had not issued any dividends in recent years. The entity had 1:100 split on the 30th of June 2009. IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. IGEN Networks Corp. was incorporated in 2006 and is headquartered in Lake Elsinore, California. IGEN NETWORKS operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 10 people.The quote for IGEN Networks Corp 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 IGEN Networks Corp call Neil Chan at 855 912 5378 or check out https://www.igen-networks.com.

IGEN Networks Corp Investment Alerts

IGEN Networks Corp is way too risky over 90 days horizon
IGEN Networks Corp has some characteristics of a very speculative penny stock
IGEN Networks Corp appears to be risky and price may revert if volatility continues
IGEN Networks Corp has high likelihood to experience some financial distress in the next 2 years
IGEN Networks Corp currently holds 152.15 K in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. IGEN Networks Corp has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist IGEN Networks until it has trouble settling it off, either with new capital or with free cash flow. So, IGEN Networks' 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 IGEN Networks Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGEN to invest in growth at high rates of return. When we think about IGEN Networks' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 268.95 K. Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 145.15 K.
IGEN Networks Corp currently holds about 53.42 K in cash with (962.96 K) of positive cash flow from operations.

IGEN Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.44 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IGEN Networks's market, we take the total number of its shares issued and multiply it by IGEN Networks'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

IGEN Networks 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.

IGEN Networks Corp Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. IGEN Networks middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for IGEN Networks Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

IGEN Networks Outstanding Bonds

IGEN Networks 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. IGEN Networks Corp 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 IGEN bonds can be classified according to their maturity, which is the date when IGEN Networks Corp 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.

About IGEN Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how IGEN Networks 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 IGEN 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 IGEN Networks. By using and applying IGEN Pink Sheet analysis, traders can create a robust methodology for identifying IGEN entry and exit points for their positions.
IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. IGEN Networks Corp. was incorporated in 2006 and is headquartered in Lake Elsinore, California. IGEN NETWORKS operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 10 people.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding IGEN Networks to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in IGEN Pink Sheet

IGEN Networks financial ratios help investors to determine whether IGEN Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IGEN with respect to the benefits of owning IGEN Networks security.