Portage Fintech Acquisition Stock Short Ratio
Portage Fintech Acquisition fundamentals help investors to digest information that contributes to Portage Fintech's financial success or failures. It also enables traders to predict the movement of Portage Stock. The fundamental analysis module provides a way to measure Portage Fintech'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 Portage Fintech stock.
Portage |
Portage Fintech Acquisition Company Short Ratio Analysis
Portage Fintech's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Portage Fintech Short Ratio | 0.22 X |
Most of Portage Fintech's fundamental indicators, such as Short Ratio, 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, Portage Fintech Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
CompetitionBased on the latest financial disclosure, Portage Fintech Acquisition has a Short Ratio of 0.22 times. This is 96.58% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The short ratio for all United States stocks is 94.5% higher than that of the company.
Portage Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Portage Fintech's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Portage Fintech could also be used in its relative valuation, which is a method of valuing Portage Fintech by comparing valuation metrics of similar companies.Portage Fintech is currently under evaluation in short ratio category among its peers.
Portage Fundamentals
| Return On Asset | -0.0126 | |||
| Current Valuation | 87.98 M | |||
| Shares Outstanding | 7.95 M | |||
| Shares Owned By Institutions | 20.32 % | |||
| Number Of Shares Shorted | 327 | |||
| Price To Book | 6.16 X | |||
| EBITDA | 10.43 M | |||
| Net Income | 7.15 M | |||
| Cash And Equivalents | 668.93 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 3.69 M | |||
| Current Ratio | 2.61 X | |||
| Book Value Per Share | (0.32) X | |||
| Cash Flow From Operations | (2.17 M) | |||
| Short Ratio | 0.22 X | |||
| Earnings Per Share | 0.08 X | |||
| Beta | 0.021 | |||
| Market Capitalization | 87.16 M | |||
| Total Asset | 42.08 M | |||
| Retained Earnings | (3.29 M) | |||
| Working Capital | (807.8 K) | |||
| Net Asset | 42.08 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Portage Stock
If you are still planning to invest in Portage Fintech Acqu 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 Portage Fintech's history and understand the potential risks before investing.
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