Memex Inc Stock Today
OEE Stock | CAD 0.01 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 86
|
Memex is selling for under 0.01 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.01. Memex has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Memex Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain Software & Services | Category Technology | Classification Information Technology |
Memex Inc. develops, commercializes, and manufactures a suite of products for the discrete manufacturing and aerospace sectors in Canada, the United States, and internationally. Memex Inc. was founded in 1992 and is headquartered in Burlington, Canada. The company has 137.62 M outstanding shares of which 3.54 K shares are now shorted by private and institutional investors with about 0.15 days to cover all short positions. More on Memex Inc
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Memex 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. Memex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Memex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and Director | David McPhail | ||||
Business Concentration | Application Software, Software - Application, Information Technology, Information Technology, Software, Software - Application, Technology (View all Sectors) | ||||
Memex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Memex'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 Memex's financial leverage. It provides some insight into what part of Memex's total assets is financed by creditors.
|
Memex Inc (OEE) is traded on TSX Venture Exchange in Canada and employs 15 people. Memex is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 688.12 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Memex's market, we take the total number of its shares issued and multiply it by Memex'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. Memex Inc classifies itself under Software sector and is part of Information Technology industry. The entity has 137.62 M outstanding shares of which 3.54 K shares are now shorted by private and institutional investors with about 0.15 days to cover all short positions.
Memex Inc has accumulated about 1.06 M in cash with (132.39 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Memex Probability Of Bankruptcy
Ownership AllocationMemex Inc holds a total of 137.62 Million outstanding shares. Memex Inc secures 12.44 % 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.
Check Memex Ownership Details
Memex Stock Against Markets
Picking the right benchmark for Memex 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 Memex 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 Memex is critical whether you are bullish or bearish towards Memex Inc at a given time. Please also check how Memex's 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 Memex 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.Did you try this?
Run My Watchlist Analysis Now
My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
All Next | Launch Module |
Memex Corporate Directors
Memex corporate directors refer to members of a Memex board of directors. The board of directors generally takes responsibility for the Memex's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Memex's board members must vote for the resolution. The Memex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Robert Chafee | Director | Profile | |
Peter Lacey | Independent Director | Profile | |
Scott Kaplanis | Director | Profile | |
Richard Morley | Director | Profile |
How to buy Memex Stock?
Before investing in Memex, 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 Memex. To buy Memex stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Memex. 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 Memex stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Memex Inc 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 Memex Inc 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 Memex Inc, 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 Memex Inc?
The danger of trading Memex Inc 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 Memex 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 Memex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Memex Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Memex Inc. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Memex Stock analysis
When running Memex's price analysis, check to measure Memex'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 Memex is operating at the current time. Most of Memex's value examination focuses on studying past and present price action to predict the probability of Memex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Memex's price. Additionally, you may evaluate how the addition of Memex to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |