The average rating for Trxade Group, according to one analyst, is a "Strong Buy". Is this consensus based on technical analysis? As we know, technical analysis typically involves the use of price momentum, patterns, and trends derived from historical prices. The goal is to identify signals based on the market sentiment of Trxade investors, which reflects their perception of the future value of Trxade. Let's delve into some aspects of Trxade's technical analysis. Approximately 28.0% of the company's outstanding shares are owned by corporate insiders. Trxade Group reported a loss per share of $5.75. The company's last dividend was issued on February 13, 2020. The firm underwent a 1:15 stock split on June 22, 2023.
Main Ideas
Trxade Group (MEDS) has been a focal point for private investors, with its shares currently trading at $5.55, below the 200-day moving average of 6.77. The stock has shown a Mean Deviation of 3.58 and a Variance of 22.29, indicating a high degree of price volatility. On the financial front, the company reported a loss from continuing operations of 3.9M and an operating income loss of 2.8M. With a negative Jensen Alpha of -0.92 and a total risk alpha of -1.4, the company's risk-adjusted performance has been less than stellar. Therefore, following the lead of private investors in Trxade Group might not be a profitable strategy at this time. Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Trxade Group. In general, sophisticated investors focus on analyzing Trxade stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Trxade's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Trxade's intrinsic value. In addition to deriving basic predictive indicators for Trxade, many experienced traders also check how macroeconomic factors affect Trxade price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Trxade Group has a beta of 0.668. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trxade will likely underperform. The beta indicator helps investors understand whether Trxade moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Trxade deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity reported the previous year's revenue of 11.45
M. Net Loss for the year was (3.91
M) with profit before overhead, payroll, taxes, and interest of 4.58
M.
Every cloud has a silver lining, and for Trxade Group (USA Stocks: MEDS), the silver lining might be in the form of private investors. Despite a high probability of bankruptcy at 86.90%, the company has managed to maintain a decent Price to Book ratio of 2.46X and a Price to Sales ratio of 0.81X. The company's shares are currently trading below the Wall Street target price of $6.75, indicating potential upside. However, the company's
financial health is a concern, with a net income loss of $3.9M and a negative return on equity of -16.21. The company's debt to equity ratio is relatively low at 0.93%, but the high concentration of shares owned by insiders at 27.71% could be a red flag for potential investors. In conclusion, while private investors may see potential in Trxade Group, the company's financial health and high bankruptcy risk make it a risky investment. .
Will Trxade private investors go mental after another drop?
Trxade Group's stock has recently demonstrated a potential upside of 6.74, which could serve as a glimmer of hope for private investors who have been enduring a series of declines in the company's share price. This potential upside indicates that the stock may bounce back, offering investors a chance to recover some of their losses. However, it's imperative for investors to closely track the stock's performance and market conditions before making any decisions. Trxade Group displays very low volatility with a skewness of 0.03 and kurtosis of 0.16. Nonetheless, we recommend investors to further examine Trxade Group's technical indicators to ensure that all market information is accessible and reliable. Understanding various
market volatility trends often assists investors in timing the market. Proper utilization of volatility indicators allows traders to gauge Trxade's stock risk against market volatility during both bullish and bearish trends. The heightened level of volatility that accompanies bear markets can directly affect
Trxade's stock price, adding stress to investors as they witness their shares' value decline.
This typically compels investors to rebalance their portfolios by purchasing different stocks as prices drop. In conclusion, despite the recent -9 percent reset, Trxade Group stock still presents a compelling investment opportunity. With a Valuation Real Value of
$8.71 significantly higher than its current Market Value of
$5.55, the stock appears undervalued. The Analyst Overall Consensus is a 'Strong Buy', with the sole analyst providing an estimated target price of $18.741, suggesting substantial upside potential. Moreover, the Posible Upside Price is $9.99, further reinforcing the potential for growth. However, investors should also consider the possible downside price of $0.87. As always, potential investors should conduct their own thorough research before making any investment decisions. .
Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Trxade Group. Please refer to our
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