Ovation Science Stock Analysis
| OVATF Stock | USD 0.03 0.00 0.00% |
Ovation Science holds a debt-to-equity ratio of 0.074. Ovation Science's financial risk is the risk to Ovation Science stockholders that is caused by an increase in debt.
Given that Ovation Science's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Ovation Science is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Ovation Science to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Ovation Science is said to be less leveraged. If creditors hold a majority of Ovation Science's assets, the Company is said to be highly leveraged.
Ovation Science is overvalued with Real Value of 0.0248 and Hype Value of 0.0295. The main objective of Ovation Science pink sheet analysis is to determine its intrinsic value, which is an estimate of what Ovation Science is worth, separate from its market price. There are two main types of Ovation Science's stock analysis: fundamental analysis and technical analysis.
The Ovation Science 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ovation Science's ongoing operational relationships across important fundamental and technical indicators.
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Ovation Pink Sheet Analysis Notes
About 29.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.06. Ovation Science had not issued any dividends in recent years. Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.The quote for Ovation Science is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Ovation Science contact Terry Howlett at 604 283 0903 or learn more at https://ovationscience.com.Ovation Science Investment Alerts
| Ovation Science generated a negative expected return over the last 90 days | |
| Ovation Science has some characteristics of a very speculative penny stock | |
| Ovation Science has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 224.95 K. Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 520.79 K. | |
| Ovation Science has accumulated about 321.68 K in cash with (885.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Ovation Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 546 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ovation Science's market, we take the total number of its shares issued and multiply it by Ovation Science'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
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ovation Science, as well as the relationship between them.Ovation Science Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ovation Science 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 Ovation Science. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ovation Science Outstanding Bonds
Ovation Science 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. Ovation Science 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 Ovation bonds can be classified according to their maturity, which is the date when Ovation Science 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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Ovation Science Debt to Cash Allocation
Many companies such as Ovation Science, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
The company has a current ratio of 3.45, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ovation Science until it has trouble settling it off, either with new capital or with free cash flow. So, Ovation Science'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 Ovation Science sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ovation to invest in growth at high rates of return. When we think about Ovation Science's use of debt, we should always consider it together with cash and equity.Ovation Science 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 Ovation Science's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Ovation Science, which in turn will lower the firm's financial flexibility.Ovation Science Corporate Bonds Issued
Most Ovation bonds can be classified according to their maturity, which is the date when Ovation Science 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 Ovation Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Ovation Science 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 Ovation 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 Ovation Science. By using and applying Ovation Pink Sheet analysis, traders can create a robust methodology for identifying Ovation entry and exit points for their positions.
Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.
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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 Ovation Science to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Ovation Science's price analysis, check to measure Ovation Science'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 Ovation Science is operating at the current time. Most of Ovation Science's value examination focuses on studying past and present price action to predict the probability of Ovation Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovation Science's price. Additionally, you may evaluate how the addition of Ovation Science to your portfolios can decrease your overall portfolio volatility.
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