Test Rite (Taiwan) Today
| 2908 Stock | TWD 20.60 0.10 0.49% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Test Rite is selling for under 20.60 as of the 26th of November 2024; that is 0.49 percent increase since the beginning of the trading day. The stock's lowest day price was 20.3. Test Rite has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Test Rite International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Test-Rite International Co., Ltd. imports and exports hand tools, auto parts, machinery, furniture, and various home appliances worldwide. The company was founded in 1978 and is headquartered in Taipei, Taiwan. TEST RITE operates under Home Improvement Stores classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 495.58 M outstanding shares. More on Test Rite International
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Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Test Rite's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Test Rite or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Discretionary, Distributors, Home Improvement Stores, Consumer Cyclical (View all Sectors) |
Test Rite International (2908) is traded on Taiwan Stock Exchange in Taiwan and employs 4,543 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Test Rite's market, we take the total number of its shares issued and multiply it by Test Rite'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. Test Rite International operates under Distributors sector and is part of Consumer Discretionary industry. The entity has 495.58 M outstanding shares.
Test Rite International has accumulated about 2.33 B in cash with 1.48 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.66.
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Ownership AllocationTest Rite International shows a total of 495.58 Million outstanding shares. Test Rite International has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.31 % of Test Rite outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Test Rite International Risk Profiles
Although Test Rite's alpha and beta are two of the key measurements used to evaluate Test Rite's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3854 | |||
| Semi Deviation | 0.552 | |||
| Standard Deviation | 0.5458 | |||
| Variance | 0.2979 |
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| All Next | Launch Module |
Test Rite Corporate Management
Elected by the shareholders, the Test Rite's board of directors comprises two types of representatives: Test Rite inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Test. The board's role is to monitor Test Rite's management team and ensure that shareholders' interests are well served. Test Rite's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Test Rite's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Judy Lee | Chairwoman CEO | Profile | |
| Lori Huang | Chief Officer | Profile | |
| Bob Yueh | VP Bus | Profile | |
| Robin Ho | COO Director | Profile | |
| JingJing Kuo | VP Shipping | Profile | |
| Eric Chang | VP Department | Profile | |
| Linda Lin | CFO Sec | Profile |
Additional Tools for Test Stock Analysis
When running Test Rite's price analysis, check to measure Test Rite'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 Test Rite is operating at the current time. Most of Test Rite's value examination focuses on studying past and present price action to predict the probability of Test Rite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Test Rite's price. Additionally, you may evaluate how the addition of Test Rite to your portfolios can decrease your overall portfolio volatility.