Lite Access Technologies Stock Today
| LTE Stock | CAD 0.1 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 86
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Lite Access is selling for under 0.095 as of the 10th of September 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.095. Lite Access has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Lite Access Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of September 2022 and ending today, the 10th of September 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | Category Technology | Classification Information Technology |
Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Langley, Canada. The company has 87.29 M outstanding shares of which 162.49 K shares are now shorted by private and institutional investors with about 8.26 days to cover all short positions. More on Lite Access Technologies
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Lite 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. Lite Access' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lite Access or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO CoFounder | Michael Plotnikoff | ||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | ||||
Lite Access' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lite Access' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsLite Access can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lite Access' financial leverage. It provides some insight into what part of Lite Access' total assets is financed by creditors.
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Lite Access Technologies (LTE) is traded on TSX Venture Exchange in Canada and employs 8 people. Lite Access is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lite Access's market, we take the total number of its shares issued and multiply it by Lite Access'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 those looking for more risk prefer small-cap and mid-cap equities. Lite Access Technologies classifies itself under Communications Equipment sector and is part of Information Technology industry. The entity has 87.29 M outstanding shares of which 162.49 K shares are now shorted by private and institutional investors with about 8.26 days to cover all short positions.
Lite Access Technologies has accumulated about 1.94 M in cash with (326.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership AllocationLite Access Technologies holds a total of 87.29 Million outstanding shares. Lite Access Technologies secures 6.0 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. 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.
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Lite Stock Against Markets
| LTE | 0.00 |
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| Competition | Refresh |
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Lite Access Corporate Executives
Elected by the shareholders, the Lite Access' board of directors comprises two types of representatives: Lite Access inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lite. The board's role is to monitor Lite Access' management team and ensure that shareholders' interests are well served. Lite Access' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lite Access' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Priest | CoFounder Advisor | Profile |
Additional Tools for Lite Stock Analysis
When running Lite Access' price analysis, check to measure Lite Access' 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 Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.