Majic Wheels Corp Stock Today
| MJWL Stock | USD 0.0001 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 81
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Majic Wheels is selling for 1.0E-4 as of the 25th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4. Majic Wheels has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Majic Wheels Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Commercial & Professional Services | Category Industrials |
Majic Wheels Corp. focuses on disruptive industries of Fintech and software development by means of acquisitions. The company was incorporated in 2007 and is based in Houston, Texas. Majic Wheels operates under Waste Management classification in the United States and is traded on OTC Exchange. The company has 1.95 B outstanding shares. More on Majic Wheels Corp
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Majic Stock Highlights
| President | Mark Houghtaling | |||||||||||||||
| Business Concentration | Environmental & Facilities Services, Commercial & Professional Services, Industrials, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors) | |||||||||||||||
Financial Strength
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Majic Wheels Corp (MJWL) is traded on OTCCE Exchange in USA and employs 2 people. Majic Wheels is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 390.67 K. Majic Wheels Corp conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 1.95 B outstanding shares.
Majic Wheels Corp currently holds about 8.3 K in cash with (80.29 K) of positive cash flow from operations.
Check Majic Wheels Probability Of Bankruptcy
Majic Wheels Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Majic Wheels market risk premium is the additional return an investor will receive from holding Majic Wheels long position in a well-diversified portfolio.
| Mean Deviation | 2.25 | |||
| Standard Deviation | 10.16 | |||
| Variance | 103.23 | |||
| Risk Adjusted Performance | (0.04) |
Majic Stock Against Markets
Majic Wheels Corporate Executives
Elected by the shareholders, the Majic Wheels' board of directors comprises two types of representatives: Majic Wheels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Majic. The board's role is to monitor Majic Wheels' management team and ensure that shareholders' interests are well served. Majic Wheels' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Majic Wheels' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Subramanyeswara Vempati | Executive CFO | Profile | |
| Kottarapattil Don | Executive CTO | Profile |
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Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Majic Wheels. If investors know Majic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.558 |
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.