Khiron Life Sciences Stock Today

Khiron Life is selling for under 0.04 as of the 23rd of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.04. Equity ratings for Khiron Life Sciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
Category
Healthcare
Classification
Health Care
Valuation Profit Patterns
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Khiron 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. Khiron Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Khiron Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorAnthony Viele
Thematic IdeaIron (View all Themes)
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Iron, Health Care, Pharmaceuticals, Drug Manufacturers - Specialty & Generic, Healthcare (View all Sectors)
Khiron Life's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Khiron Life's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Khiron Life's financial leverage. It provides some insight into what part of Khiron Life's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Khiron Life's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Khiron Life deploys its capital and how much of that capital is borrowed.
Liquidity
Khiron Life cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 2.23 M in total debt with debt to equity ratio (D/E) of 3.8, implying the company greatly relies on financing operations through barrowing. Khiron Life Sciences has a current ratio of 7.71, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Khiron Life until it has trouble settling it off, either with new capital or with free cash flow. So, Khiron Life's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Khiron Life Sciences sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Khiron to invest in growth at high rates of return. When we think about Khiron Life's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

26.14 Million
Khiron Life Sciences (KHRN) is traded on TSX Venture Exchange in Canada and employs 15 people. Khiron Life is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Khiron Life's market, we take the total number of its shares issued and multiply it by Khiron Life'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. Khiron Life Sciences operates under Pharmaceuticals sector and is part of Health Care industry. The entity has 232.41 M outstanding shares of which 351.1 K shares are now shorted by private and institutional investors with about 3.92 days to cover all short positions. Khiron Life Sciences has accumulated about 55.79 M in cash with (20.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Khiron Life Probability Of Bankruptcy

Khiron Stock Against Markets

Picking the right benchmark for Khiron Life 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 Khiron Life 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 Khiron Life is critical whether you are bullish or bearish towards Khiron Life Sciences at a given time. Please also check how Khiron Life's historical prices are related to one of the top price index indicators.

Khiron Life Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Khiron Life stock to make a market-neutral strategy. Peer analysis of Khiron Life could also be used in its relative valuation, which is a method of valuing Khiron Life by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Khiron Life Corporate Executives

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

How to buy Khiron Stock?

Before investing in Khiron Life, 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 Khiron Life. To buy Khiron Life stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Khiron Life. 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 Khiron Life stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Khiron Life Sciences 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 Khiron Life Sciences 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 Khiron Life Sciences, 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 Khiron Life Sciences?

The danger of trading Khiron Life Sciences 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 Khiron Life 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 Khiron Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Khiron Life Sciences 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. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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