Psychemedics Financials

Psychemedics Stock Summary

Psychemedics competes with Fonar, Burning Rock, Sera Prognostics, DarioHealth Corp, and Neuronetics. Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. Psychemedics Corporation was incorporated in 1986 and is headquartered in Acton, Massachusetts. Psychemedics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 1 people.

Psychemedics Key Financial Ratios

There are many critical financial ratios that Psychemedics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Psychemedics reports annually and quarterly.

Psychemedics Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Psychemedics's current stock value. Our valuation model uses many indicators to compare Psychemedics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Psychemedics competition to find correlations between indicators driving Psychemedics's intrinsic value. More Info.Psychemedics is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Psychemedics' earnings, one of the primary drivers of an investment's value.

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If you are still planning to invest in Psychemedics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Psychemedics' history and understand the potential risks before investing.