Ecgi Holdings OTC Stock Today

ECGI
 Stock
  

USD 0.21  0.02  10.53%   

Market Performance
4 of 100
Odds Of Distress
Over 85
Ecgi Holdings is trading at 0.21 as of the 29th of June 2022. This is a 10.53% increase since the beginning of the trading day. The stock's open price was 0.19. Ecgi Holdings has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Ecgi Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of July 2020 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
59047R101
Fiscal Year End
August
Category
Healthcare
ISIN
US59047R1014
ECGI Holdings, Inc., through its subsidiary, operates in the cardiac medical device innovation, patient monitoring, and cardiac event prediction industry. The company was formerly known as Event Cardio Group Inc. and changed its name to ECGI Holdings, Inc. The company has 6.52 M outstanding shares of which 5.11 K shares are currently shorted by private and institutional investors with about 0.5 trading days to cover. More on Ecgi Holdings
Follow Valuation Odds of Bankruptcy
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Ecgi Holdings OTC 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Ecgi Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ecgi Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ecgi Holdings is way too risky over 90 days horizon
Ecgi Holdings has some characteristics of a very speculative penny stock
Ecgi Holdings appears to be risky and price may revert if volatility continues
Ecgi Holdings has high likelihood to experience some financial distress in the next 2 years
The company currently holds 1.26 M in liabilities with Debt to Equity (D/E) ratio of 5.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ecgi Holdings has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ecgi Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Ecgi Holdings' 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 Ecgi Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ecgi Holdings to invest in growth at high rates of return. When we think about Ecgi Holdings' use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (3.24 M) with profit before overhead, payroll, taxes, and interest of 0.
Ecgi Holdings currently holds about 71.25 K in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 46.0% of Ecgi Holdings shares are held by company insiders
New SymbolMSLI
CEOJulie Singleton
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ecgi Holdings' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Ecgi Holdings [ECGI] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with current market capitalization of 2.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ecgi Holdings's market, we take the total number of its shares issued and multiply it by Ecgi Holdings'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. Ecgi Holdings conducts business under Healthcare sector and is part of Medical Devices industry. The entity has 6.52 M outstanding shares of which 5.11 K shares are currently shorted by private and institutional investors with about 0.5 trading days to cover. Ecgi Holdings currently holds about 71.25 K in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Ecgi Holdings Probability Of Bankruptcy
Ownership
Ecgi Holdings retains a total of 6.52 Million outstanding shares. Ecgi Holdings retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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.

Ownership Allocation (%)

Check Ecgi Holdings Ownership Details

Ecgi Holdings Stock Price Odds Analysis

What are Ecgi Holdings' target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Ecgi Holdings jumping above the current price in 90 days from now is about 6.84%. The Ecgi Holdings probability density function shows the probability of Ecgi Holdings otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Ecgi Holdings has a beta of 0.4664 suggesting as returns on the market go up, Ecgi Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ecgi Holdings will be expected to be much smaller as well. Moreover, the company has an alpha of 1.263, implying that it can generate a 1.26 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 0.21HorizonTargetOdds Above 0.21
93.13%90 days
 0.21 
6.84%
Based on a normal probability distribution, the odds of Ecgi Holdings to move above the current price in 90 days from now is about 6.84 (This Ecgi Holdings probability density function shows the probability of Ecgi Holdings OTC Stock to fall within a particular range of prices over 90 days) .

Ecgi Holdings Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ecgi Holdings market risk premium is the additional return an investor will receive from holding Ecgi Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ecgi Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ecgi Holdings' alpha and beta are two of the key measurements used to evaluate Ecgi Holdings' performance over the market, the standard measures of volatility play an important role as well.

Ecgi Holdings Stock Against Markets

Picking the right benchmark for Ecgi Holdings otc 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 Ecgi Holdings otc 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 Ecgi Holdings is critical whether you are bullish or bearish towards Ecgi Holdings at a given time.

Similar Equity Warning - ECGI

Ecgi Holdings was forked

The entity Ecgi Holdings with a symbol ECGI was recently forked. You can potentially use MERUS LABS INTERNATIONAL with a symbol MSLI from now on.

Investing Ecgi Holdings

You need to understand the risk of investing before taking a position in Ecgi Holdings. The danger of trading Ecgi Holdings 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 Ecgi Holdings 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 Ecgi Holdings. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ecgi Holdings 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.
Continue to Investing Opportunities. Note that the Ecgi Holdings information on this page should be used as a complementary analysis to other Ecgi Holdings' 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Ecgi Holdings OTC Stock analysis

When running Ecgi Holdings price analysis, check to measure Ecgi Holdings' 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 Ecgi Holdings is operating at the current time. Most of Ecgi Holdings' value examination focuses on studying past and present price action to predict the probability of Ecgi Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ecgi Holdings' price. Additionally, you may evaluate how the addition of Ecgi Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Ecgi Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ecgi Holdings. If investors know Ecgi Holdings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ecgi Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.9 M
Return On Assets
-0.2
The market value of Ecgi Holdings is measured differently than its book value, which is the value of Ecgi Holdings that is recorded on the company's balance sheet. Investors also form their own opinion of Ecgi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ecgi Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ecgi Holdings' market value can be influenced by many factors that don't directly affect Ecgi Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ecgi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Ecgi Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecgi Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.