Exro Technologies Reports Third Quarter 2024 Financial Results - PR Newswire
| EXRO Stock | 0.14 0.02 12.50% |
About 66% of Exro Technologies' investor base is looking to short. The analysis of overall sentiment of trading Exro Technologies stock suggests that many investors are alarmed at this time. Exro Technologies' investing sentiment overview a quick insight into current market opportunities from investing in Exro Technologies. Many technical investors use Exro Technologies stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Exro Technologies Reports Third Quarter 2024 Financial Results PR Newswire
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Exro Technologies Fundamental Analysis
We analyze Exro Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Exro Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Exro Technologies 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.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Exro Technologies is currently under evaluation in number of shares shorted category among its peers. 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.
Exro Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Exro Technologies stock to make a market-neutral strategy. Peer analysis of Exro Technologies could also be used in its relative valuation, which is a method of valuing Exro Technologies by comparing valuation metrics with similar companies.
Peers
Exro Technologies Related Equities
| NANO | Nano One | 1.98 |
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| PYR | PyroGenesis Canada | 3.28 |
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Other Information on Investing in Exro Stock
Exro Technologies financial ratios help investors to determine whether Exro Stock 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 Exro with respect to the benefits of owning Exro Technologies security.