Mitesco Stock Odds of Future Pink Sheet Price Finishing Under 0.46
| MITI Stock | USD 0.46 0.14 23.33% |
Mitesco |
Mitesco Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Mitesco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mitesco can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mitesco is way too risky over 90 days horizon | |
| Mitesco has some characteristics of a very speculative penny stock | |
| Mitesco appears to be risky and price may revert if volatility continues | |
| Mitesco has high likelihood to experience some financial distress in the next 2 years | |
| Mitesco currently holds 8.17 M in liabilities with Debt to Equity (D/E) ratio of 4.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mitesco has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mitesco until it has trouble settling it off, either with new capital or with free cash flow. So, Mitesco'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 Mitesco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mitesco to invest in growth at high rates of return. When we think about Mitesco's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 115.99 K. Net Loss for the year was (7.92 M) with loss before overhead, payroll, taxes, and interest of (339.59 K). | |
| Mitesco currently holds about 35.82 K in cash with (5 M) of positive cash flow from operations. |
Mitesco Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Mitesco Pink Sheet often depends not only on the future outlook of the current and potential Mitesco's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Mitesco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 105.2 M | |
| Cash And Short Term Investments | 1.2 M |
Mitesco Technical Analysis
Mitesco's future price can be derived by breaking down and analyzing its technical indicators over time. Mitesco Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mitesco. In general, you should focus on analyzing Mitesco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mitesco Predictive Forecast Models
Mitesco's time-series forecasting models is one of many Mitesco's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Mitesco's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Mitesco
Checking the ongoing alerts about Mitesco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mitesco help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mitesco is way too risky over 90 days horizon | |
| Mitesco has some characteristics of a very speculative penny stock | |
| Mitesco appears to be risky and price may revert if volatility continues | |
| Mitesco has high likelihood to experience some financial distress in the next 2 years | |
| Mitesco currently holds 8.17 M in liabilities with Debt to Equity (D/E) ratio of 4.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mitesco has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mitesco until it has trouble settling it off, either with new capital or with free cash flow. So, Mitesco'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 Mitesco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mitesco to invest in growth at high rates of return. When we think about Mitesco's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 115.99 K. Net Loss for the year was (7.92 M) with loss before overhead, payroll, taxes, and interest of (339.59 K). | |
| Mitesco currently holds about 35.82 K in cash with (5 M) of positive cash flow from operations. |
Other Information on Investing in Mitesco Pink Sheet
Mitesco financial ratios help investors to determine whether Mitesco Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mitesco with respect to the benefits of owning Mitesco security.