Ocumetics Technology Corp Stock Today
| OTC Stock | 0.39 0.01 2.50% |
Performance10 of 100
| Odds Of DistressLess than 23
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Ocumetics Technology is selling for under 0.39 as of the 4th of November 2024; that is 2.5% down since the beginning of the trading day. The stock's lowest day price was 0.39. Ocumetics Technology has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Ocumetics Technology Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of October 2024 and ending today, the 4th of November 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Ocumetics Technology is entity of Canada. It is traded as Stock on V exchange. The company has 119.77 M outstanding shares of which 150 shares are now shorted by private and institutional investors with about 0.23 days to cover all short positions. More on Ocumetics Technology Corp
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Ocumetics 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. Ocumetics Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ocumetics Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Dean Burns | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Computers, IT, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare, Computing (View all Sectors) | ||||
Ocumetics Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ocumetics Technology'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 LevelsOcumetics Technology 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 Ocumetics Technology's financial leverage. It provides some insight into what part of Ocumetics Technology's total assets is financed by creditors.
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Ocumetics Technology Corp (OTC) is traded on TSX Venture Exchange in Canada and employs 4 people. Ocumetics Technology is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ocumetics Technology's market, we take the total number of its shares issued and multiply it by Ocumetics Technology'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. Ocumetics Technology Corp classifies itself under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 119.77 M outstanding shares of which 150 shares are now shorted by private and institutional investors with about 0.23 days to cover all short positions.
Ocumetics Technology generates negative cash flow from operations
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Ownership AllocationOcumetics Technology owns a total of 119.77 Million outstanding shares. Ocumetics Technology 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.
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Ocumetics Technology Corp Risk Profiles
Although Ocumetics Technology's alpha and beta are two of the key measurements used to evaluate Ocumetics Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.6 | |||
| Semi Deviation | 2.83 | |||
| Standard Deviation | 3.85 | |||
| Variance | 14.83 |
Ocumetics Stock Against Markets
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Additional Tools for Ocumetics Stock Analysis
When running Ocumetics Technology's price analysis, check to measure Ocumetics Technology'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 Ocumetics Technology is operating at the current time. Most of Ocumetics Technology's value examination focuses on studying past and present price action to predict the probability of Ocumetics Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocumetics Technology's price. Additionally, you may evaluate how the addition of Ocumetics Technology to your portfolios can decrease your overall portfolio volatility.