Novra Technologies Stock Today

NVI Stock  CAD 0.04  0.00  0.00%   

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Novra Technologies is selling for under 0.045 as of the 29th of March 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.045. Novra Technologies has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Novra Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Novra Technologies, Inc. provides products, systems, and services for the distribution of multimedia broadband content. It also provides digital cinema network infrastructure and services, high-end appliances for cinemas, decoders for live events and alternative content in 2D and 3D, and digital cinema distribution software solutions and DVB and ATSC compliant receivers for the broadband communications network market. The company has 33.42 M outstanding shares of which 62 shares are now shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Novra Technologies

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Novra 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. Novra Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Novra Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentHarris Liontas
Business ConcentrationInformation Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Novra Technologies (NVI) is traded on TSX Venture Exchange in Canada and employs 10 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novra Technologies's market, we take the total number of its shares issued and multiply it by Novra Technologies'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. Novra Technologies classifies itself under Communications Equipment sector and is part of Information Technology industry. The entity has 33.42 M outstanding shares of which 62 shares are now shorted by private and institutional investors with about 0.02 days to cover all short positions. Novra Technologies has accumulated about 2.96 M in cash with 1.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership Allocation
Novra Technologies holds a total of 33.42 Million outstanding shares. Novra Technologies secures 18.1 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Novra Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Novra Technologies market risk premium is the additional return an investor will receive from holding Novra Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Novra Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Novra Technologies' alpha and beta are two of the key measurements used to evaluate Novra Technologies' performance over the market, the standard measures of volatility play an important role as well.

Novra Stock Against Markets

Picking the right benchmark for Novra Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Novra Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Novra Technologies is critical whether you are bullish or bearish towards Novra Technologies at a given time. Please also check how Novra Technologies' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Novra Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Novra Technologies Corporate Management

Elected by the shareholders, the Novra Technologies' board of directors comprises two types of representatives: Novra Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novra. The board's role is to monitor Novra Technologies' management team and ensure that shareholders' interests are well served. Novra Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novra Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Novra Stock?

Before investing in Novra Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Novra Technologies. To buy Novra Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Novra Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Novra Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Novra Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Novra Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Novra Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Novra Technologies?

The danger of trading Novra Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Novra Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Novra Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Novra Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Novra Stock analysis

When running Novra Technologies' price analysis, check to measure Novra Technologies' 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 Novra Technologies is operating at the current time. Most of Novra Technologies' value examination focuses on studying past and present price action to predict the probability of Novra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novra Technologies' price. Additionally, you may evaluate how the addition of Novra Technologies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Novra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Novra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novra Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.