Converge Technology Solutions Stock Today
CTSDF Stock | USD 2.45 0.01 0.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Converge Technology is trading at 2.45 as of the 26th of November 2024. This is a 0.41% increase since the beginning of the trading day. The stock's lowest day price was 2.44. Converge Technology 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 Converge Technology Solutions 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.
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions for corporate and government institutions in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Gatineau, Canada. The company has 210.32 M outstanding shares. More on Converge Technology Solutions
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Converge OTC Stock Highlights
President CEO, Director | Shaun Maine |
Business Concentration | Information Technology Services, Technology (View all Sectors) |
Converge Technology Solutions [CTSDF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with a current market capitalization of 850.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Converge Technology's market, we take the total number of its shares issued and multiply it by Converge Technology'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. Converge Technology classifies itself under Technology sector and is part of Information Technology Services industry. The entity has 210.32 M outstanding shares.
Converge Technology Solutions has accumulated about 184.18 M in cash with 87.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
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Ownership AllocationConverge Technology holds a total of 210.32 Million outstanding shares. 30% of Converge Technology Solutions outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Converge Technology Risk Profiles
Mean Deviation | 2.49 | |||
Standard Deviation | 4.14 | |||
Variance | 17.14 | |||
Risk Adjusted Performance | (0.07) |
Converge Stock Against Markets
Picking the right benchmark for Converge Technology otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Converge Technology otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Converge Technology is critical whether you are bullish or bearish towards Converge Technology Solutions at a given time. Please also check how Converge Technology's historical prices are related to one of the top price index indicators.
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Converge Technology Corporate Management
Elected by the shareholders, the Converge Technology's board of directors comprises two types of representatives: Converge Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Converge. The board's role is to monitor Converge Technology's management team and ensure that shareholders' interests are well served. Converge Technology'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, Converge Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Greg Berard | Pres CEO | Profile | |
Karie Timion | VP Marketing | Profile | |
Tommy Whatley | Ex Alliances | Profile | |
Rhonda Hanes | VP Operations | Profile | |
Cari Hash | VP Sales | Profile |
Other Information on Investing in Converge OTC Stock
Converge Technology financial ratios help investors to determine whether Converge OTC Stock 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 Converge with respect to the benefits of owning Converge Technology security.