Towngas China Stock Today
| TGASF Stock | USD 0.41 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 44
|
Towngas China is trading at 0.41 as of the 18th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.41. Towngas China has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Towngas China are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the Peoples Republic of China. Towngas Smart Energy Company Limited is a subsidiary of The Hong Kong and China Gas Company Limited. Towngas China operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. The company has 3.26 B outstanding shares. More on Towngas China
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Towngas Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Towngas China's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Towngas China or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Executive Director | Wai Wong |
| Business Concentration | Utilities—Regulated Gas, Utilities (View all Sectors) |
Towngas China [TGASF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Towngas China's market, we take the total number of its shares issued and multiply it by Towngas China'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. Towngas China classifies itself under Utilities sector and is part of Utilities—Regulated Gas industry. The entity has 3.26 B outstanding shares.
Towngas China has accumulated about 3.87 B in cash with 2.25 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationTowngas China maintains a total of 3.26 Billion outstanding shares. Towngas China 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. 70.43 % of Towngas China 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Towngas Stock Against Markets
Picking the right benchmark for Towngas China pink sheet 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 Towngas China pink sheet 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 Towngas China is critical whether you are bullish or bearish towards Towngas China at a given time. Please also check how Towngas China's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Towngas China without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Towngas China Corporate Directors
Towngas China corporate directors refer to members of a Towngas China board of directors. The board of directors generally takes responsibility for the Towngas China's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Towngas China's board members must vote for the resolution. The Towngas China board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy Towngas Pink Sheet?
Before investing in Towngas China, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Towngas China. To buy Towngas China stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Towngas China. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Towngas China stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Towngas China stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Towngas China stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Towngas China, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Towngas China is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Towngas China is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Towngas China. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Towngas China is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towngas China. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Towngas Pink Sheet analysis
When running Towngas China's price analysis, check to measure Towngas China'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 Towngas China is operating at the current time. Most of Towngas China's value examination focuses on studying past and present price action to predict the probability of Towngas China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Towngas China's price. Additionally, you may evaluate how the addition of Towngas China to your portfolios can decrease your overall portfolio volatility.
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