MTBC Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:3em;'>MTB</div>
MTBC -- USA Stock  

USD 9.30  0.25  2.62%

Today we will go over MTBC. We will evaluate if MTBC shares are reasonably priced going into September. MTBC Inc is now traded for 12.12. The entity has historical hype elasticity of 0.07. The average price elasticity to hype of competition is about -0.03. The firm is expected to increase in value after the next press release, with the price going to jump to 12.19. The current volatility of headline impact on the company stock price is is way over 100 percent making price predictions on social media along less reliable. The price jump on the next news is estimated to be 0.58%, whereas the daily expected return is now at 1.07%. Given the investment horizon of 30 days, the next expected announcement will be in about 7 days.
Published over a month ago
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Should I short my MTBC (NASDAQ:MTBC) holdings?
This firm's average rating is Buy from 7 analysts. Our trade recommendation tool can cross-verify current analyst consensus on MTBC Inc and to analyze the entity potential to grow next year. The company has Profit Margin (PM) of (4.32) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (3.05) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.03.
The successful prediction of MTBC stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as MTBC Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of MTBC based on MTBC hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to MTBC's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MTBC's related companies.

Use Technical Analysis to project MTBC expected Price

MTBC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MTBC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MTBC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for MTBC, but it might be worth checking our own buy vs. sell analysis

Sale by Blanche Kimberly J of 5525 shares of MTBC

Legal trades by MTBC insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
MTBC insider trading alert for sale of common stock by Blanche Kimberly J, General Counsel & Secretary, on 11th of September 2020. This event was filed by Mtbc Inc with SEC on 2020-09-11. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down MTBC Indicators

The current price rise of MTBC Inc may encourage investors to take a closer look at the firm as it closed today at a share price of 11.72 on 315,042 in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in September. The stock standard deviation of daily returns for 30 days investing horizon is currently 4.54. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the MTBC Inc partners.
 2017 2018 2019 2020 (projected)
Current Assets8.93 M26.07 M31 M33.45 M
Total Assets25.53 M47.62 M56.4 M47.34 M

Deferred Revenue Breakdown

MTBC Deferred Revenue is decreasing over the years with slightly volatile fluctuation. Ongoing Deferred Revenue is projected to grow to about 53.2 K this year. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. MTBC Deferred Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Deferred Revenue was at 39,022
2010
2014
2015
2016
2017
2018
2019
2020
2010111,422
201480,139
2015109,602
201668,339
201790,719
201844,304
201939,022
202053,232.45

Will MTBC investors exit after the slip?

The mean deviation is down to 3.32 as of today. MTBC Inc shows above-average downside volatility for the selected time horizon. We advise investors to inspect MTBC Inc further and ensure that all market timing and asset allocation strategies are consistent with the estimation of MTBC future alpha.

Our Final Perspective on MTBC

Whereas some companies under the health information services industry are still a bit expensive, MTBC may offer a potential longer-term growth to investors. To conclude, as of the 13th of August 2020, we believe that at this point, MTBC is somewhat reliable with low odds of financial turmoil within the next 2 years. From a slightly different point of view, the entity appears to be overvalued. Our primary 30 days buy-or-sell advice on the company is Sell.

About Contributor

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 Gabriel Shpitalnik do not own shares of MTBC Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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