Equity ratings for ECO RECYCLING LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2019 and ending today, the 22nd of October 2021. Click here to learn more.
ECO RECYCLING LTD cannot be verified against its exchange. It appears that ECO RECYCLING is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

ECO RECYCLING 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. ECO RECYCLING's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ECO RECYCLING or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ECO RECYCLING LTD is not yet fully synchronised with the market data
ECO RECYCLING LTD has some characteristics of a very speculative penny stock
ECO RECYCLING LTD has high likelihood to experience some financial distress in the next 2 years
The company has 185.43 Million in debt which may indicate that it relies heavily on debt financing
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 ECO RECYCLING's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
ECO RECYCLING LTD (ECORECO) is traded on Bombay Stock Exchange in India . The company currently falls under 'Small-Cap' category with current market capitalization of 666.61 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ECO RECYCLING's market, we take the total number of its shares issued and multiply it by ECO RECYCLING'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. ECO RECYCLING LTD operates under Industrials sector and is part of Waste Management industry. The entity has 17.54 M outstanding shares. ECO RECYCLING LTD has accumulated about 4.01 M in cash with 83.99 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check ECO RECYCLING Probability Of Bankruptcy

ECORECO Stock Against Markets

Picking the right benchmark for ECO RECYCLING 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 ECO RECYCLING 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 ECO RECYCLING is critical whether you are bullish or bearish towards ECO RECYCLING LTD at a given time.
ECO RECYCLING LTD cannot be verified against its exchange. It appears that ECO RECYCLING is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ECO RECYCLING stock to make a market-neutral strategy. Peer analysis of ECO RECYCLING could also be used in its relative valuation, which is a method of valuing ECO RECYCLING by comparing valuation metrics with similar companies.
Check out Investing Opportunities. Note that the ECO RECYCLING LTD information on this page should be used as a complementary analysis to other ECO RECYCLING'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for ECORECO Stock

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