Novra Technologies Stock Today

NVI Stock  CAD 0.04  0.01  33.33%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 79

 
High
 
Low
High
Novra Technologies is selling for under 0.04 as of the 31st of August 2024; that is 33.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.035. Novra Technologies 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 Novra Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2024 and ending today, the 31st of August 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
Novra Technologies, Inc. provides products, systems, and services for the distribution of multimedia broadband content. It also provides digital cinema network infrastructure and services, high-end appliances for cinemas, decoders for live events and alternative content in 2D and 3D, and digital cinema distribution software solutions and DVB and ATSC compliant receivers for the broadband communications network market. The company has 33.42 M outstanding shares of which 62 shares are now shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Novra Technologies

Moving together with Novra Stock

  0.63GOOG Alphabet CDRPairCorr

Moving against Novra Stock

  0.81UNH UnitedHealth Group CDRPairCorr
  0.79BRK Berkshire Hathaway CDRPairCorr
  0.7WMT Walmart Inc CDRPairCorr
  0.52AAPL Apple Inc CDRPairCorr
  0.32META Meta Platforms CDRPairCorr

Novra 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. Novra Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Novra Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentHarris Liontas
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Novra Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Novra Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Novra Technologies 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 Novra Technologies' financial leverage. It provides some insight into what part of Novra Technologies' total assets is financed by creditors.
Liquidity
Novra Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Novra Technologies has accumulated 5.43 M in total debt. Novra Technologies has a current ratio of 1.08, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Novra Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Novra Technologies' 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 Novra Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novra to invest in growth at high rates of return. When we think about Novra Technologies' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

(542,142)
Novra Technologies (NVI) is traded on TSX Venture Exchange in Canada and employs 10 people. Novra Technologies 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 1.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novra Technologies's market, we take the total number of its shares issued and multiply it by Novra Technologies'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. Novra Technologies classifies itself under Communications Equipment sector and is part of Information Technology industry. The entity has 33.42 M outstanding shares of which 62 shares are now shorted by private and institutional investors with about 0.0 days to cover all short positions. Novra Technologies has accumulated about 2.96 M in cash with 183.21 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Novra Technologies Probability Of Bankruptcy
Ownership Allocation
Novra Technologies maintains a total of 33.42 Million outstanding shares. Novra Technologies secures 18.1 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Novra Ownership Details

Novra Technologies Risk Profiles

Although Novra Technologies' alpha and beta are two of the key measurements used to evaluate Novra Technologies' performance over the market, the standard measures of volatility play an important role as well.

Novra Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Novra Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Sync Your Broker Now

   

Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

Novra Technologies Corporate Management

Elected by the shareholders, the Novra Technologies' board of directors comprises two types of representatives: Novra Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novra. The board's role is to monitor Novra Technologies' management team and ensure that shareholders' interests are well served. Novra Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novra Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Novra Stock Analysis

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