Zedge Inc Stock Short Ratio
| ZDGE Stock | USD 2.68 0.03 1.11% |
Zedge Inc fundamentals help investors to digest information that contributes to Zedge's financial success or failures. It also enables traders to predict the movement of Zedge Stock. The fundamental analysis module provides a way to measure Zedge'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 Zedge stock.
Zedge | Short Ratio |
Zedge Inc Company Short Ratio Analysis
Zedge'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 Zedge Short Ratio | 0.47 X |
Most of Zedge'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, Zedge Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Zedge Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Zedge is extremely important. It helps to project a fair market value of Zedge Stock properly, considering its historical fundamentals such as Short Ratio. Since Zedge'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 Zedge'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 Zedge's interrelated accounts and indicators.
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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.
| Competition |
Based on the latest financial disclosure, Zedge Inc has a Short Ratio of 0.47 times. This is 94.34% lower than that of the Interactive Media & Services sector and significantly higher than that of the Communication Services industry. The short ratio for all United States stocks is 88.25% higher than that of the company.
Zedge Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zedge'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 Zedge could also be used in its relative valuation, which is a method of valuing Zedge by comparing valuation metrics of similar companies.Zedge is currently under evaluation in short ratio category among its peers.
Zedge ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zedge's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zedge's managers, analysts, and investors.Environmental | Governance | Social |
Zedge Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | 0.0023 | ||||
| Profit Margin | (0.30) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 18.53 M | ||||
| Shares Outstanding | 13.62 M | ||||
| Shares Owned By Insiders | 15.81 % | ||||
| Shares Owned By Institutions | 16.00 % | ||||
| Number Of Shares Shorted | 26.64 K | ||||
| Price To Earning | 8.12 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 30.09 M | ||||
| Gross Profit | 24.9 M | ||||
| EBITDA | 2.61 M | ||||
| Net Income | (9.17 M) | ||||
| Cash And Equivalents | 17.09 M | ||||
| Cash Per Share | 1.14 X | ||||
| Total Debt | 203 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 2.15 X | ||||
| Cash Flow From Operations | 5.85 M | ||||
| Short Ratio | 0.47 X | ||||
| Earnings Per Share | (0.65) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 99 | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 38.33 M | ||||
| Total Asset | 38.2 M | ||||
| Retained Earnings | (13.11 M) | ||||
| Working Capital | 17.75 M | ||||
| Current Asset | 8.19 M | ||||
| Current Liabilities | 1.99 M | ||||
| Net Asset | 38.2 M |
About Zedge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zedge Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zedge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zedge Inc 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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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.When determining whether Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:Check out Zedge Piotroski F Score and Zedge Altman Z Score analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zedge. If investors know Zedge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zedge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (0.65) | Revenue Per Share 2.135 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0023 |
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zedge's market value can be influenced by many factors that don't directly affect Zedge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.