Nexoptic Technology Corp Stock Today

NXO Stock  CAD 0.02  0.00  0.00%   

Performance

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Odds Of Distress

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Nexoptic Technology is selling for under 0.02 as of the 18th of September 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. Nexoptic Technology has more than 66 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Nexoptic Technology Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of August 2024 and ending today, the 18th of September 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
NexOptic Technology Corp., together with its subsidiaries, a technology company, develops and invests in optical and lens technologies. NexOptic Technology Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. NEXOPTIC TECHNOLOGY operates under Electronic Components classification in Canada and is traded on TSX Venture Exchange.. The company has 195.22 M outstanding shares of which 20.19 K shares are now shorted by private and institutional investors with about 8.54 days to cover all short positions. More on Nexoptic Technology Corp

Nexoptic 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. Nexoptic Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nexoptic Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorPaul McKenzie
Thematic IdeaComputers (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Computers, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology, Computing (View all Sectors)
Nexoptic Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nexoptic Technology's 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
Nexoptic Technology 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 Nexoptic Technology's financial leverage. It provides some insight into what part of Nexoptic Technology's total assets is financed by creditors.
Liquidity
Nexoptic Technology 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. Nexoptic Technology Corp has accumulated 80 K in total debt with debt to equity ratio (D/E) of 0.2, which may suggest the company is not taking enough advantage from borrowing. Nexoptic Technology Corp has a current ratio of 3.08, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Nexoptic Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Nexoptic Technology's 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 Nexoptic Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nexoptic to invest in growth at high rates of return. When we think about Nexoptic Technology's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

215,959
Nexoptic Technology Corp (NXO) is traded on TSX Venture Exchange in Canada and employs 6 people. Nexoptic Technology is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nexoptic Technology's market, we take the total number of its shares issued and multiply it by Nexoptic Technology'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. Nexoptic Technology Corp classifies itself under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 195.22 M outstanding shares of which 20.19 K shares are now shorted by private and institutional investors with about 8.54 days to cover all short positions. Nexoptic Technology Corp has accumulated about 1.09 M in cash with (723.41 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Nexoptic Technology Probability Of Bankruptcy
Ownership Allocation
Nexoptic Technology Corp maintains a total of 195.22 Million outstanding shares. Nexoptic Technology Corp secures 4.34 % 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 Nexoptic Ownership Details

Nexoptic Stock Against Markets

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Nexoptic Technology Corporate Management

Elected by the shareholders, the Nexoptic Technology's board of directors comprises two types of representatives: Nexoptic Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nexoptic. The board's role is to monitor Nexoptic Technology's management team and ensure that shareholders' interests are well served. Nexoptic Technology'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, Nexoptic Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shauna HartmanCorporate CounselProfile
Chulhyun ChoChief OfficerProfile
Rob CardinalLead AdvisorProfile
Raymond TabandehLead ConsultantProfile

Additional Tools for Nexoptic Stock Analysis

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