Use Decolight to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Decolight to be traded at 1.8315 in 30 days
Decolight Price and Market Media
The median price of Decolight for the period between Sun, Jun 29, 2014 and Tue, Jul 29, 2014 is 2.3 with a coefficient of variation of 17.17. The daily time series for the period is distributed with a sample standard deviation of 0.4, arithmetic mean of 2.33, and mean deviation of 0.36. The Stock did not receive any noticable media coverage during the period.
Decolight Ceramics Ltd [DECOLIGHT] is traded on National Stock Exchange of India in India. It is located in Morbi, and employs 3 people. The company currently falls under 'Small-Cap' category with current market capitalization of 135.38 M. Decolight Ceramics Ltd operates under Industrial Goods sector and is part of General Building Materials industry. This company has 48.35 M outstanding shares.
Decolight Ceramics generates negative expected return over the last 30 days
Decolight Ceramics may become a speculative penny stock
Decolight Ceramics has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 371.23 M in total debt with debt to equity ratio (D/E) of 0.69 which is about average as compared to similar companies. Decolight Ceramics Ltd has Current Ratio of 0.47 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 101.69 M. Net Loss for the year was (347.7 M) with loss before overhead, payroll, taxes, and interest of (28 M).
Decolight Ceramic has accumulated about 8.5 M in cash with (6.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.