Use Local to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier
1 Month Beta ..........
-0.09
As returns on market increase, returns on owning Local are expected to decrease at a much smaller rate. During bear market, Local is likely to outperform the market.
The median price of Local for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 2.44 with a coefficient of variation of 2.08. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 2.44, and mean deviation of 0.04. The Stock received some media coverage during the period.
Local.com Corporation [LOCM] is traded on American Stock Exchange in USA. It is located in Irvine, CA and employs 227 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 53.66 M. Local.com Corporation conducts business under Technology sector and is part of Internet Information Providers industry. This company has 22.08 M outstanding shares of which 2.09 M shares are now shorted by private and institutional investors with about 21.9 trading days to cover.
Local Liquidity
LOCAL.COM CORP currently holds about 6.79 M in cash with (1.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
The company currently holds 8 M in liabilities with Debt to Equity (D/E) ratio of 0.17 which may suggest the company is not taking enough advantage from borrowing. Local.com Corporation has Current Ratio of 0.89 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.