MICRONET (Israel) Today

MICRONET is selling for under 543.10 as of the 28th of September 2021; that is -1.38 percent down since the beginning of the trading day. The stock's last reported lowest price was 534.2. Equity ratings for MICRONET are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of July 2021 and ending today, the 28th of September 2021. Click here to learn more.
Valuation
Check how we calculate scores

MICRONET Stock Profile

Micronet Ltd develops, manufactures, and markets mobile computing platforms for integration into fleet and mobile workforce management solutions. The companys products are used in various vertical markets, including long and short-haul trucking, public transportation, infrastructure, utilities, government, construction, waste management, public safety, and field services. MICRONET operates under Communication Equipment classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 14 people. more on MICRONET
MICRONET is not yet fully synchronised with the market data
The company reported the revenue of 6.96 M. Net Loss for the year was (10.33 M) with loss before overhead, payroll, taxes, and interest of (2 M).
MICRONET has accumulated about 8.22 M in cash with (6.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.4.
Roughly 42.0% of the company outstanding shares are owned by corporate insiders
Legal NameMICRONET
CEODavid Lucatz  (View All)
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 MICRONET's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
MICRONET (MCRNT) is traded on Tel Aviv Stock Exchange in Israel and employs 14 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MICRONET's market, we take the total number of its shares issued and multiply it by MICRONET'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. MICRONET operates under Technology sector and is part of Communication Equipment industry. The entity has 5.87 M outstanding shares. MICRONET has accumulated about 8.22 M in cash with (6.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.4.
Check MICRONET Probability Of Bankruptcy

MICRONET Stock Price Odds Analysis

What are MICRONET's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of MICRONET jumping above the current price in 90 days from now is about 87.72%. The MICRONET probability density function shows the probability of MICRONET stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MICRONET has a beta of 0.0273. This indicates as returns on the market go up, MICRONET average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MICRONET will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. MICRONET is significantly underperforming DOW.
 Odds Down 543.1HorizonTargetOdds Up 543.1 
12.25%90 days
 543.10 
87.72%
Based on a normal probability distribution, the odds of MICRONET to move above the current price in 90 days from now is about 87.72 (This MICRONET probability density function shows the probability of MICRONET Stock to fall within a particular range of prices over 90 days) .

MICRONET Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MICRONET market risk premium is the additional return an investor will receive from holding MICRONET 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 MICRONET. 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 MICRONET's alpha and beta are two of the key measurements used to evaluate MICRONET's performance over the market, the standard measures of volatility play an important role as well.

MICRONET Stock Against Markets

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

View Currently Related Equities

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 MICRONET stock to make a market-neutral strategy. Peer analysis of MICRONET could also be used in its relative valuation, which is a method of valuing MICRONET by comparing valuation metrics with similar companies.

MICRONET Corporate Management

Elected by the shareholders, the MICRONET's board of directors comprises two types of representatives: MICRONET inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MICRONET. The board's role is to monitor MICRONET's management team and ensure that shareholders' interests are well served. MICRONET's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MICRONET's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shlomo Spokone - DirectorProfile
Yona Admon - External DirectorProfile
Baruch Adiv - Chairman of the BoardProfile
Shlomo Shalev - DirectorProfile
Amit Harari - Vice President - FinanceProfile
Benjamin Hertzanu - External DirectorProfile
Eliyahu Glikerstern - Vice President - Business DevelopmentProfile
Additionally, see Stocks Correlation. Note that the MICRONET information on this page should be used as a complementary analysis to other MICRONET'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for MICRONET Stock

When running MICRONET price analysis, check to measure MICRONET'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 MICRONET is operating at the current time. Most of MICRONET's value examination focuses on studying past and present price action to predict the probability of MICRONET's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MICRONET's price. Additionally, you may evaluate how the addition of MICRONET to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go