Ntg Clarity Networks Stock Number Of Shares Shorted
| NCI Stock | CAD 1.57 0.02 1.29% |
NTG Clarity Networks fundamentals help investors to digest information that contributes to NTG Clarity's financial success or failures. It also enables traders to predict the movement of NTG Stock. The fundamental analysis module provides a way to measure NTG Clarity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NTG Clarity stock.
NTG | Number Of Shares Shorted |
NTG Clarity Networks Company Number Of Shares Shorted Analysis
NTG Clarity's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current NTG Clarity Number Of Shares Shorted | 34.47 K |
Most of NTG Clarity's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NTG Clarity Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NTG Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for NTG Clarity is extremely important. It helps to project a fair market value of NTG Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since NTG Clarity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NTG Clarity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NTG Clarity's interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, NTG Clarity Networks has 34.47 K of outstending shares currently sold short by investors. This is 99.14% lower than that of the Software sector and 99.47% lower than that of the Information Technology industry. The number of shares shorted for all Canada stocks is 99.27% higher than that of the company.
NTG Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NTG Clarity's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NTG Clarity could also be used in its relative valuation, which is a method of valuing NTG Clarity by comparing valuation metrics of similar companies.NTG Clarity is currently under evaluation in number of shares shorted category among its peers.
NTG Clarity Current Valuation Drivers
We derive many important indicators used in calculating different scores of NTG Clarity from analyzing NTG Clarity's financial statements. These drivers represent accounts that assess NTG Clarity's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NTG Clarity's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3M | 2.1M | 5.3M | 10.5M | 6.5M | 6.2M | |
| Enterprise Value | 9.2M | 13.6M | 18.2M | 13.6M | 14.9M | 14.2M |
NTG Fundamentals
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 67.79 M | ||||
| Shares Outstanding | 42.16 M | ||||
| Shares Owned By Insiders | 40.69 % | ||||
| Number Of Shares Shorted | 34.47 K | ||||
| Price To Earning | 10.00 X | ||||
| Price To Book | 7.17 X | ||||
| Price To Sales | 1.68 X | ||||
| Revenue | 27.73 M | ||||
| Gross Profit | 6.59 M | ||||
| EBITDA | 3.02 M | ||||
| Net Income | 2.32 M | ||||
| Cash And Equivalents | 147.99 K | ||||
| Total Debt | 8.8 M | ||||
| Debt To Equity | 1.28 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | (0.09) X | ||||
| Cash Flow From Operations | 1.47 M | ||||
| Short Ratio | 1.95 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Target Price | 1.0 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 66.18 M | ||||
| Total Asset | 12.39 M | ||||
| Retained Earnings | (20.47 M) | ||||
| Working Capital | (3.56 M) | ||||
| Net Asset | 12.39 M |
About NTG Clarity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NTG Clarity Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NTG Clarity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NTG Clarity Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.