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3 IT stocks to get rid of in July 2019

This post breaks downs 3 IT equities to potentially sell in July 2019. I will cover the following entities: AMERI Holdings, Taoping, and Digimarc Corporation
Published over a year ago
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Reviewed by Ellen Johnson

This list of potential positions covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Enveric Biosciences (AMRH)

The company has return on total asset (ROA) of (13.48) % which means that it has lost $13.48 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (51.83) %, meaning that it created substantial loss on money invested by shareholders. Enveric Biosciences' management efficiency ratios could be used to measure how well Enveric Biosciences manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Micro-Cap' category with a current market capitalization of 12.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enveric Biosciences's market, we take the total number of its shares issued and multiply it by Enveric Biosciences'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.

Taoping (TAOP)

The company has return on total asset (ROA) of (0.0374) % which means that it has lost $0.0374 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0428) %, meaning that it created substantial loss on money invested by shareholders. Taoping's management efficiency ratios could be used to measure how well Taoping manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Capital Employed is likely to grow to 0.01, while Return On Tangible Assets are likely to drop (0.03). As of 04/18/2024, Change To Liabilities is likely to grow to 0.00, while Total Current Liabilities is likely to drop slightly above 16.7 M. This firm currently falls under 'Nano-Cap' category with a current market capitalization of 1.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taoping's market, we take the total number of its shares issued and multiply it by Taoping'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.

Short Long Term Debt Total

6.2 Million

At this time, Taoping's Short and Long Term Debt Total is relatively stable compared to the past year.

Digimarc (DMRC)

The company has return on total asset (ROA) of (0.3085) % which means that it has lost $0.3085 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5762) %, meaning that it created substantial loss on money invested by shareholders. Digimarc's management efficiency ratios could be used to measure how well Digimarc manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -1. The current year's Return On Capital Employed is expected to grow to -0.67. At present, Digimarc's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 1.3 M, whereas Total Assets are forecasted to decline to about 70.4 M. The firm currently falls under 'Small-Cap' category with a current market capitalization of 469.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digimarc's market, we take the total number of its shares issued and multiply it by Digimarc'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. At this time, the firm appears to be undervalued. Digimarc shows a prevailing Real Value of $24.51 per share. The current price of the firm is $22.65. Our model computes the value of Digimarc from reviewing the firm fundamentals such as Profit Margin of (1.32) %, current valuation of 446.21 M, and Shares Outstanding of 20.44 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise purchasing undervalued instruments and exiting overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.

Current IT Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
EQTL
Not Available
TGAN
Not Available
NOW

How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.

Macroaxis Gross Profit

Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Enveric Biosciences (AMRH)

The company has return on total asset (ROA) of (13.48) % which means that it has lost $13.48 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (51.83) %, meaning that it created substantial loss on money invested by shareholders. Enveric Biosciences' management efficiency ratios could be used to measure how well Enveric Biosciences manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Micro-Cap' category with a current market capitalization of 12.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enveric Biosciences's market, we take the total number of its shares issued and multiply it by Enveric Biosciences'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.

Taoping (TAOP)

The company has return on total asset (ROA) of (0.0374) % which means that it has lost $0.0374 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0428) %, meaning that it created substantial loss on money invested by shareholders. Taoping's management efficiency ratios could be used to measure how well Taoping manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Capital Employed is likely to grow to 0.01, while Return On Tangible Assets are likely to drop (0.03). As of 04/18/2024, Change To Liabilities is likely to grow to 0.00, while Total Current Liabilities is likely to drop slightly above 16.7 M. This firm currently falls under 'Nano-Cap' category with a current market capitalization of 1.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taoping's market, we take the total number of its shares issued and multiply it by Taoping'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.

Short Long Term Debt Total

6.2 Million

At this time, Taoping's Short and Long Term Debt Total is relatively stable compared to the past year.

Digimarc (DMRC)

The company has return on total asset (ROA) of (0.3085) % which means that it has lost $0.3085 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5762) %, meaning that it created substantial loss on money invested by shareholders. Digimarc's management efficiency ratios could be used to measure how well Digimarc manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -1. The current year's Return On Capital Employed is expected to grow to -0.67. At present, Digimarc's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 1.3 M, whereas Total Assets are forecasted to decline to about 70.4 M. The firm currently falls under 'Small-Cap' category with a current market capitalization of 469.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digimarc's market, we take the total number of its shares issued and multiply it by Digimarc'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. At this time, the firm appears to be undervalued. Digimarc shows a prevailing Real Value of $24.51 per share. The current price of the firm is $22.65. Our model computes the value of Digimarc from reviewing the firm fundamentals such as Profit Margin of (1.32) %, current valuation of 446.21 M, and Shares Outstanding of 20.44 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise purchasing undervalued instruments and exiting overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.

Current IT Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
EQTL
Not Available
TGAN
Not Available
NOW

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