Sqi Diagnostics Stock Today
| SQD Stock | CAD 0.02 0.00 0.00% |
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SQI Diagnostics is selling for under 0.02 as of the 5th of December 2023; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. SQI Diagnostics 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 SQI Diagnostics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2023 and ending today, the 5th of December 2023. Click here to learn more.
SQI Diagnostics Inc., a life sciences company, develops and commercializes proprietary technologies and products for advanced multiplexing diagnostics in Canada. The company was founded in 1999 and is headquartered in Toronto, Canada. SQI DIAGNOSTICS operates under Diagnostics Research classification in Canada and is traded on TSX Venture Exchange. The company has 407.17 M outstanding shares of which 11.21 K shares are at this time shorted by private and institutional investors with about 3.97 days to cover all short positions. More on SQI Diagnostics
Follow Valuation Odds of Bankruptcy
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SQI 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. SQI Diagnostics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SQI Diagnostics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Andrew Morris |
| Business Concentration | Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care (View all Sectors) |
| Macroaxis Advice The 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 SQI Diagnostics' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued | |
SQI Diagnostics (SQD) is traded on TSX Venture Exchange in Canada and employs 21 people. SQI Diagnostics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SQI Diagnostics's market, we take the total number of its shares issued and multiply it by SQI Diagnostics'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. SQI Diagnostics classifies itself under Biotechnology sector and is part of Health Care industry. The entity has 407.17 M outstanding shares of which 11.21 K shares are at this time shorted by private and institutional investors with about 3.97 days to cover all short positions.
SQI Diagnostics has accumulated about 1.49 M in cash with (9.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check SQI Diagnostics Probability Of Bankruptcy
OwnershipSQI Diagnostics maintains a total of 407.17 Million outstanding shares. SQI Diagnostics maintains noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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.
Ownership Allocation
Check SQI Ownership DetailsSQI Stock Against Markets
Picking the right benchmark for SQI Diagnostics 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 SQI Diagnostics 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 SQI Diagnostics is critical whether you are bullish or bearish towards SQI Diagnostics at a given time. Please also check how SQI Diagnostics' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SQI Diagnostics 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?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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SQI Diagnostics Corporate Directors
SQI Diagnostics corporate directors refer to members of a SQI Diagnostics board of directors. The board of directors generally takes responsibility for the SQI Diagnostics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SQI Diagnostics' board members must vote for the resolution. The SQI Diagnostics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Eric Schneider | Independent Director | Profile | |
| Cameron Prange | Director | Profile | |
| David Williams | Independent Director | Profile | |
| Allan Pronovost | Director | Profile |
How to buy SQI Stock?
Before investing in SQI Diagnostics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SQI Diagnostics. To buy SQI Diagnostics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SQI Diagnostics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SQI Diagnostics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SQI Diagnostics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SQI Diagnostics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SQI Diagnostics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in SQI Diagnostics?
The danger of trading SQI Diagnostics is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SQI Diagnostics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SQI Diagnostics. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SQI Diagnostics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SQI Diagnostics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for SQI Stock analysis
When running SQI Diagnostics' price analysis, check to measure SQI Diagnostics' 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 SQI Diagnostics is operating at the current time. Most of SQI Diagnostics' value examination focuses on studying past and present price action to predict the probability of SQI Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SQI Diagnostics' price. Additionally, you may evaluate how the addition of SQI Diagnostics to your portfolios can decrease your overall portfolio volatility.
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