Northern Story

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NTIC -- USA Stock  

USD 9.35  0.19  1.99%

The predictive indicators we use to evaluate Northern help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Technologies Internati. We apply different methods to arrive at the intrinsic value of Northern based on widely used predictive technical indicators. A current spike in volatility has left many investors looking confused. In this story, we will go over Northern Technologies Internati. Why are we still confident in our hopes for a recovery.
Published over two weeks ago
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What is December outlook for Northern Technologies (NASDAQ:NTIC)?
We provide investment recommendation to complement the last-minute expert consensus on Northern Technologies Internati. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time.
The successful prediction of Northern Technologies 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 Northern Technologies Internati, 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 Northern Technologies based on Northern Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Northern Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Northern Technologies's related companies.

Use Technical Analysis to project Northern expected Price

Northern Technologies 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 Northern Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Technologies 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...

How Northern utilizes its cash?

To perform a cash flow analysis of Northern Technologies, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Northern Technologies is receiving and how much cash it distributes out in a given period. The Northern Technologies cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Northern Technologies Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 4.91 Million

Acquisition by Matthew Wolsfeld of 55244 shares of Northern Technologies subject to Rule 16b-3

Legal trades by Northern Technologies 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:
Northern insider trading alert for grant of stock option (right to buy) by Matthew Wolsfeld, CFO and Corporate Secretary, on 3rd of September 2020. This event was filed by Northern Technologies Int with SEC on 2020-09-03. 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.

What is the case for Northern Technologies Investors

The company reported the previous year's revenue of 51.06 M. Net Income was 1.26 M with profit before overhead, payroll, taxes, and interest of 17.78 M.
 2017 2018 2019 2020 (projected)
Interest Expense17.96 K13.57 K12.21 K12.53 K
Gross Profit17.26 M17.78 M20.45 M16.83 M

Cost of Revenue Breakdown

Northern Technologies Cost of Revenue is increasing over the years with slightly volatile fluctuation. Cost of Revenue is expected to dwindle to about 35.2 M. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Northern Technologies Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 43.67 Million
2013
2014
2015
2016
2017
2018
2019
2020
201317.8 Million
201420.56 Million
201522.32 Million
201626.32 Million
201734.17 Million
201837.97 Million
201943.67 Million
202035.21 Million

Will Northern Technologies current slip continue?

Variance is down to 4.01. It may suggest a possible volatility slip. Northern Technologies Internati currently demonstrates below-verage downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.02. However, we do advice investors to further question Northern Technologies Internati expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

The Bottom Line

When is the right time to buy or sell Northern Technologies Internati? Buying stocks such as Northern Technologies isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. The bottom line, as of the 12th of November 2020, our primary 30 days buy vs. sell advice on the company is Hold. We believe Northern Technologies is currently undervalued with average probability of distress for the next two years.

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 Ellen Johnson do not own shares of Northern Technologies Internati. Please refer to our Terms of Use for any information regarding our disclosure principles.

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