Progressive Care Analysis

RXMDDelisted Stock  USD 2.11  0.00  0.00%   
Progressive Care is overvalued with Real Value of 1.66 and Hype Value of 2.11. The main objective of Progressive Care otc analysis is to determine its intrinsic value, which is an estimate of what Progressive Care is worth, separate from its market price. There are two main types of Progressive Care's stock analysis: fundamental analysis and technical analysis.
The Progressive Care 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 Progressive Care's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center 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 population.

Progressive OTC Stock Analysis Notes

About 14.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.0. Progressive Care had not issued any dividends in recent years. The entity had 1:200 split on the 30th of December 2022. Progressive Care, Inc., through its subsidiary, Pharmco, LLC, provides prescription pharmaceuticals to individuals and institutions in south Florida. Progressive Care, Inc. was founded in 2005 and is based in Hallandale Beach, Florida. Progressive Care operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 118 people.The quote for Progressive Care 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 Progressive Care contact Charles Fernandez at 786 657 2060 or learn more at https://progressivecareus.com.

Progressive Care Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more otcs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Progressive Care's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Progressive Care or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Progressive Care is not yet fully synchronised with the market data
Progressive Care is way too risky over 90 days horizon
Progressive Care appears to be risky and price may revert if volatility continues
Progressive Care has a very high chance of going through financial distress in the upcoming years
Progressive Care currently holds 3.11 M in liabilities. Progressive Care has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Progressive Care until it has trouble settling it off, either with new capital or with free cash flow. So, Progressive Care'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 Progressive Care sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Progressive to invest in growth at high rates of return. When we think about Progressive Care's use of debt, we should always consider it together with cash and equity.
Progressive Care currently holds about 2.23 M in cash with (757.93 K) of positive cash flow from operations.
Roughly 14.0% of the company outstanding shares are owned by corporate insiders

Progressive Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Progressive Care's market, we take the total number of its shares issued and multiply it by Progressive Care'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.

Progressive Profitablity

Progressive Care's profitability indicators refer to fundamental financial ratios that showcase Progressive Care's ability to generate income relative to its revenue or operating costs. If, let's say, Progressive Care is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Progressive Care's 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 Progressive Care's profitability requires more research than a typical breakdown of Progressive Care's 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 (0.3) %, 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 (0.07) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.07.

Progressive Care Outstanding Bonds

Progressive Care 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. Progressive Care 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 Progressive bonds can be classified according to their maturity, which is the date when Progressive Care 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.

Progressive Care Predictive Daily Indicators

Progressive Care 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 Progressive Care 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 Progressive OTC Stock Analysis

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Progressive Care 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 Progressive 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 Progressive Care. By using and applying Progressive OTC Stock analysis, traders can create a robust methodology for identifying Progressive entry and exit points for their positions.
Progressive Care, Inc., through its subsidiary, Pharmco, LLC, provides prescription pharmaceuticals to individuals and institutions in south Florida. Progressive Care, Inc. was founded in 2005 and is based in Hallandale Beach, Florida. Progressive Care operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 118 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 Progressive Care to your portfolios without increasing risk or reducing expected return.

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Check out Your Equity Center 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 population.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Consideration for investing in Progressive OTC Stock

If you are still planning to invest in Progressive Care 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 Progressive Care's history and understand the potential risks before investing.
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