Airiq Inc Stock Today

IQ Stock  CAD 0.45  0.01  2.17%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 6

 
High
 
Low
Low
AirIQ is selling for under 0.45 as of the 14th of September 2024; that is 2.17 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.45. AirIQ has only a 6 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for AirIQ Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of May 2023 and ending today, the 14th of September 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
AirIQ Inc. develops and operates a telematics asset management system using specialized software, digitized mapping, wireless communications, the Internet, and the global positioning system in Canada. AirIQ Inc. was incorporated in 1997 and is headquartered in Pickering, Canada. The company has 29.36 M outstanding shares of which 333 shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. More on AirIQ Inc

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AirIQ 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. AirIQ's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AirIQ or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentMichael Robb
Business ConcentrationApplication Software, Software - Application, Information Technology, Information Technology, Software, Software - Application, Technology (View all Sectors)
AirIQ's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AirIQ's 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
AirIQ 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 AirIQ's financial leverage. It provides some insight into what part of AirIQ's total assets is financed by creditors.
Liquidity
AirIQ 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. AirIQ Inc currently holds 1.21 M in liabilities with Debt to Equity (D/E) ratio of 0.4, which is about average as compared to similar companies. AirIQ Inc has a current ratio of 1.75, which is within standard range for the sector. Debt can assist AirIQ until it has trouble settling it off, either with new capital or with free cash flow. So, AirIQ's 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 AirIQ Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AirIQ to invest in growth at high rates of return. When we think about AirIQ's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

2.15 Million
AirIQ Inc (IQ) is traded on TSX Venture Exchange in Canada and employs 13 people. AirIQ is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 13.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AirIQ's market, we take the total number of its shares issued and multiply it by AirIQ'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. AirIQ Inc conducts business under Software sector and is part of Information Technology industry. The entity has 29.36 M outstanding shares of which 333 shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. AirIQ Inc currently holds about 717 K in cash with 1.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check AirIQ Probability Of Bankruptcy
Ownership Allocation
AirIQ holds a total of 29.36 Million outstanding shares. AirIQ Inc 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. 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 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.
Check AirIQ Ownership Details

AirIQ Inc Risk Profiles

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

AirIQ Stock Against Markets

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AirIQ Corporate Management

Elected by the shareholders, the AirIQ's board of directors comprises two types of representatives: AirIQ inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AirIQ. The board's role is to monitor AirIQ's management team and ensure that shareholders' interests are well served. AirIQ'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, AirIQ's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for AirIQ Stock Analysis

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