Nova Cannabis Analysis
| NVACFDelisted Stock | USD 1.26 0.00 0.00% |
Nova Cannabis is overvalued with Real Value of 1.0 and Hype Value of 1.26. The main objective of Nova Cannabis otc analysis is to determine its intrinsic value, which is an estimate of what Nova Cannabis is worth, separate from its market price. There are two main types of Nova Cannabis' stock analysis: fundamental analysis and technical analysis.
The Nova Cannabis otc stock is traded in the USA on OTCQB 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nova Cannabis' ongoing operational relationships across important fundamental and technical indicators.
Nova |
Nova OTC Stock Analysis Notes
About 63.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Cannabis recorded a loss per share of 0.3. The entity last dividend was issued on the 17th of June 2019. Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. Nova Cannabis operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 548 people.The quote for Nova Cannabis 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. To find out more about Nova Cannabis learn more at https://www.novacannabis.ca.Nova Cannabis Investment Alerts
| Nova Cannabis is not yet fully synchronised with the market data | |
| Nova Cannabis generated a negative expected return over the last 90 days | |
| Nova Cannabis may become a speculative penny stock | |
| Nova Cannabis has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 134.36 M. Net Loss for the year was (20.61 M) with profit before overhead, payroll, taxes, and interest of 24.89 M. | |
| Nova Cannabis has accumulated about 6.22 M in cash with (9.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 63.0% of the company outstanding shares are owned by corporate insiders |
Nova Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Cannabis's market, we take the total number of its shares issued and multiply it by Nova Cannabis'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.Nova Profitablity
Nova Cannabis' profitability indicators refer to fundamental financial ratios that showcase Nova Cannabis' ability to generate income relative to its revenue or operating costs. If, let's say, Nova Cannabis is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nova Cannabis' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nova Cannabis' profitability requires more research than a typical breakdown of Nova Cannabis' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.05) %, 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. Nova Cannabis Predictive Daily Indicators
Nova Cannabis 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 Nova Cannabis otc stock 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.
About Nova OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova Cannabis 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 Nova 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 Nova Cannabis. By using and applying Nova OTC Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. Nova Cannabis operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 548 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 otc stock analysis tools, you can find out how much better you can do when adding Nova Cannabis to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Nova Cannabis information on this page should be used as a complementary analysis to other Nova Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Cannabis 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 Nova Cannabis' history and understand the potential risks before investing.
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