Playgon Games Stock Today

DEAL Stock  CAD 0.01  0.01  50.00%   

Performance

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Odds Of Distress

Over 88

 
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Playgon Games is selling for under 0.01 as of the 27th of November 2024; that is 50 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.01. Playgon Games has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Playgon Games are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Playgon Games Inc. operates in the daily fantasy sports industry. Playgon Games Inc. was incorporated in 1985 and is headquartered in Vancouver, Canada. PLAYGON GAMES operates under Electronic Gaming Multimedia classification in Exotistan and is traded on Commodity Exchange. The company has 332.25 M outstanding shares of which 4.11 K shares are currently shorted by private and institutional investors with about 2.17 days to cover all short positions. More on Playgon Games

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Playgon Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Playgon Games' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Playgon Games or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentDarcy BA
Thematic Ideas
(View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, Toys, Recreation, Information Technology, Software, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Playgon Games' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Playgon Games' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Playgon Games can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Playgon Games' financial leverage. It provides some insight into what part of Playgon Games' total assets is financed by creditors.
Liquidity
Playgon Games cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Playgon Games has accumulated 6.21 M in total debt with debt to equity ratio (D/E) of 0.15, which may suggest the company is not taking enough advantage from borrowing. Playgon Games has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Playgon Games until it has trouble settling it off, either with new capital or with free cash flow. So, Playgon Games' 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 Playgon Games sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Playgon to invest in growth at high rates of return. When we think about Playgon Games' use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

(10.79 Million)
Playgon Games (DEAL) is traded on TSX Venture Exchange in Canada and employs 4 people. Playgon Games is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.32 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Playgon Games's market, we take the total number of its shares issued and multiply it by Playgon Games'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. Playgon Games operates under Software sector and is part of Information Technology industry. The entity has 332.25 M outstanding shares of which 4.11 K shares are currently shorted by private and institutional investors with about 2.17 days to cover all short positions. Playgon Games has accumulated about 5.27 M in cash with (11.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Playgon Games Probability Of Bankruptcy
Ownership Allocation
Playgon Games owns a total of 332.25 Million outstanding shares. Playgon Games has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Playgon Ownership Details

Playgon Games Risk Profiles

Although Playgon Games' alpha and beta are two of the key measurements used to evaluate Playgon Games' performance over the market, the standard measures of volatility play an important role as well.

Playgon Stock Against Markets

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Additional Tools for Playgon Stock Analysis

When running Playgon Games' price analysis, check to measure Playgon Games' 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.