Alta Global Group Stock Today

MMA Stock   3.43  0.32  8.53%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 10

 
High
 
Low
Low
Alta Global is trading at 3.43 as of the 13th of September 2024, a 8.53 percent decrease since the beginning of the trading day. The stock's open price was 3.75. Alta Global has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Alta Global Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of August 2024 and ending today, the 13th of September 2024. Click here to learn more.
IPO Date
28th of March 2024
Alta Global is entity of United States. It is traded as Stock on NYSE MKT exchange. More on Alta Global Group

Moving against Alta Stock

  0.67VIVE Viveve MedicalPairCorr
  0.47VAPO VapothermPairCorr

Alta Stock Highlights

Old NameMalkowski Martech SA
Business ConcentrationBusiness Services, Diagnostics & Research, Healthcare, Diagnostics & Research, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt13.7 M15.2 M
Moderately Down
Slightly volatile
Total Current Liabilities21.3 M32.2 M
Way Down
Slightly volatile
Non Current Liabilities Total8.6 M11.9 M
Way Down
Slightly volatile
Total Assets5.7 M8.3 M
Way Down
Slightly volatile
Total Current Assets4.2 MM
Way Down
Slightly volatile
Alta Global 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 Alta Global's financial leverage. It provides some insight into what part of Alta Global's total assets is financed by creditors.
Alta Global Group (MMA) is traded on NYSE MKT Exchange in USA. It is located in null . Alta Global is listed under Business Services category by Fama And French industry classification. The company runs under Healthcare sector within Diagnostics & Research industry.
Check Alta Global Probability Of Bankruptcy

Alta Global Historical Income Statement

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Alta Stock Against Markets

Additional Information and Resources on Investing in Alta Stock

When determining whether Alta Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alta Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alta Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alta Global Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alta Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Business Services space 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 Alta Global. If investors know Alta 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 Alta Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alta Global Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Global's value that differs from its market value or its book value, called intrinsic value, which is Alta Global's 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 Alta Global's market value can be influenced by many factors that don't directly affect Alta Global's 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 Alta Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Global's 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.