Glory Star is UNDERVALUED at 2.82 per share with modest projections ahead.
Glory Star New holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had -0.23% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and
technical indicators. Glory Star New exposes twenty-eight different
technical indicators, which can help you to evaluate volatility that cannot be
diversified away. Please be advised to check out Glory Star
market risk adjusted performance of 4.67, and Risk Adjusted Performance of
(0.07) to validate the risk estimate we provide.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Glory Star income statement, its balance sheet, and the statement of cash flows. Potential Glory Star investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Glory Star investors may use each financial statement separately, they are all related. The changes in Glory Star's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Glory Star's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Glory Star
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Glory Star performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Glory Star shares is the value that is considered the true value of the share. If
the intrinsic value of Glory is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Glory Star. Please read more on our
fundamental analysis page.
Watch out for price decline
Please consider monitoring Glory Star on a daily basis if you are holding a position in it. Glory Star is trading at a penny-stock level, and the possibility of delisting is much higher compared to other delisted stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Glory Star stock to be traded above the $1 level to remain listed. If Glory Star stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Glory Star's Liquidity
Glory Star
financial leverage refers to using borrowed capital as a funding source to finance Glory Star New ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Glory Star 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 Glory Star's 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 Glory Star's 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 Glory Star's total debt and its cash.
Breaking it down
Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Glory Star is not uncomon. There are few distinct groups of Glory Star stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Glory is distributed among investors.
Ownership Allocation
Glory Star secures a total of 67.55 Million outstanding shares. Glory Star retains majority of its outstanding shares owned by
insiders. An
insider is usually defined as a corporate executive, director, member of the board or
institutional investor who own at least 10% of the company outstanding shares. 63.49 (percent) of Glory Star
outstanding shares that are owned by
insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
| Retail Investors36.25% | Insiders63.49% | |
| Retail Investors | 36.25 |
| Insiders | 63.49 |
| Institutions | 0.26 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Glory Star has an asset utilization ratio of 110.63 percent. This indicates that the company is making $1.11 for each dollar of assets. An increasing asset utilization means that Glory Star New is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets85.9 M | Assets Non Current41.3 M | | |
| Current Assets | 85.94 Million | 58.63 |
| Assets Non Current | 41.34 Million | 28.2 |
| Goodwill | 18.54 Million | 12.65 |
| Tax Assets | 774,289 | 0.53 |
A growth case for Glory Star
Latest standard deviation is at 4.53. Glory Star New exhibits very low volatility with skewness of 0.09 and kurtosis of 4.87. However, we advise investors to further study Glory Star New technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Glory Star's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Glory Star's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Takeaway
Although few other entities in the broadcasting industry are either recovering or due for a correction, Glory Star may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 19th of August 2021, we believe Glory Star is currently
undervalued. It moves indifferently to market moves and projects
low probability of financial unrest in the next two years. However, our actual 90 days recommendation on the firm is
Strong Sell.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Glory Star New. Please refer to our
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