Basanite Stock Today
| BASA Stock | USD 0.01 0 15.38% |
Performance4 of 100
| Odds Of DistressOver 83
|
Basanite is trading at 0.011 as of the 12th of June 2024, a -15.38 percent decrease since the beginning of the trading day. The stock's open price was 0.013. Basanite 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 Basanite are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of August 2023 and ending today, the 12th of June 2024. Click here to learn more.
Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida. Basanite operates under Building Materials classification in the United States and is traded on OTC Exchange. The company has 257.16 M outstanding shares. More on Basanite
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Basanite OTC Stock Highlights
| Old Name | BASF SE |
| Business Concentration | Building Materials, Basic Materials (View all Sectors) |
Basanite [BASA] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Basanite's market, we take the total number of its shares issued and multiply it by Basanite'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. Basanite conducts business under Basic Materials sector and is part of Building Materials industry. The entity has 257.16 M outstanding shares.
Basanite currently holds about 312.33 K in cash with (4.51 M) of positive cash flow from operations.
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Ownership AllocationBasanite retains a total of 257.16 Million outstanding shares. Basanite retains 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Basanite Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Basanite market risk premium is the additional return an investor will receive from holding Basanite long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Basanite. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Basanite's alpha and beta are two of the key measurements used to evaluate Basanite's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 6.4 | |||
| Semi Deviation | 7.55 | |||
| Standard Deviation | 9.44 | |||
| Variance | 89.06 |
Basanite Stock Against Markets
Picking the right benchmark for Basanite 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 Basanite 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 Basanite is critical whether you are bullish or bearish towards Basanite at a given time. Please also check how Basanite's historical prices are related to one of the top price index indicators.
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Other Information on Investing in Basanite OTC Stock
Basanite financial ratios help investors to determine whether Basanite 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 Basanite with respect to the benefits of owning Basanite security.