BYTES TECHNOLOGY (UK) Analysis

The new indifference towards the small price fluctuations of BYTES TECHNOLOGY could raise concerns from stakeholders as the firm is trading at a share price of 0.0 on very low momentum in volume. The company directors and management did not add any value to BYTES TECHNOLOGY investors in July. However, most investors can still diversify their portfolios with BYTES TECHNOLOGY to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently very low. The very small Stock volatility is a good signal to stakeholders with longer-term investment horizons.
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The BYTES TECHNOLOGY stock analysis report makes it easy to digest most publicly released information about BYTES TECHNOLOGY and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. BYTES Stock analysis module also helps to analyze the BYTES TECHNOLOGY price relationship with some important fundamental indicators such as market cap and management efficiency.

BYTES Stock Analysis Notes

About 12.0% of the company shares are held by company insiders. The company recorded earning per share (EPS) of 8.5. BYTES TECHNOLOGY had not issued any dividends in recent years. Bytes Technology Group plc provides software, IT security, hardware, and cloud services in the United Kingdom, Europe, and internationally. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom. BYTES TECHNOLOGY operates under SoftwareApplication classification in UK and is traded on London Stock Exchange. It employs 685 people. For more info on BYTES TECHNOLOGY GROUP please contact the company at 44 1372 418 500 or go to http://www.bytes.co.uk.

BYTES TECHNOLOGY Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. BYTES TECHNOLOGY's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding BYTES TECHNOLOGY GROUP or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
BYTES TECHNOLOGY is not yet fully synchronised with the market data
BYTES TECHNOLOGY has some characteristics of a very speculative penny stock
BYTES TECHNOLOGY has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 1.38 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. BYTES TECHNOLOGY has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BYTES TECHNOLOGY until it has trouble settling it off, either with new capital or with free cash flow. So, BYTES TECHNOLOGY'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 BYTES TECHNOLOGY sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BYTES to invest in growth at high rates of return. When we think about BYTES TECHNOLOGY's use of debt, we should always consider it together with cash and equity.
About 71.0% of BYTES TECHNOLOGY shares are held by institutions such as insurance companies

BYTES Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BYTES TECHNOLOGY's market, we take the total number of its shares issued and multiply it by BYTES TECHNOLOGY'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 these looking for more risk prefer small-cap and mid-cap equities.

BYTES Profitablity

BYTES TECHNOLOGY's profitability indicators refer to fundamental financial ratios that showcase BYTES TECHNOLOGY's ability to generate income relative to its revenue or operating costs. If, let's say, BYTES TECHNOLOGY is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, BYTES TECHNOLOGY's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of BYTES TECHNOLOGY's profitability requires more research than a typical breakdown of BYTES TECHNOLOGY's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 5.07 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is normal as compared to the sector avarege. Similarly, it shows Operating Margin (OM) of 8.87 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.09.

Management Efficiency

The entity has return on total asset (ROA) of 11.58 % which means that it generated profit of $11.58 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 75.43 %, meaning that it generated $75.43 on every $100 dollars invested by stockholders. BYTES TECHNOLOGY management efficiency ratios could be used to measure how well bytes technology manages its routine affairs as well as how well it operates its assets and liabilities.

BYTES TECHNOLOGY Technical and Predictive Indicators

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Check out Trending Equities. Note that the BYTES TECHNOLOGY information on this page should be used as a complementary analysis to other BYTES TECHNOLOGY's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for BYTES Stock

When running BYTES TECHNOLOGY price analysis, check to measure BYTES TECHNOLOGY'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 BYTES TECHNOLOGY is operating at the current time. Most of BYTES TECHNOLOGY's value examination focuses on studying past and present price action to predict the probability of BYTES TECHNOLOGY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BYTES TECHNOLOGY's price. Additionally, you may evaluate how the addition of BYTES TECHNOLOGY to your portfolios can decrease your overall portfolio volatility.
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