Lucy Scientific Discovery announces 1-for-10 reverse stock split
| LSDIDelisted Stock | 0.02 0.00 0.00% |
Under 56% of Lucy Scientific's investor base is looking to short. The analysis of current outlook of investing in Lucy Scientific Discovery suggests that many traders are alarmed regarding Lucy Scientific's prospects. Lucy Scientific's investing sentiment shows overall attitude of investors towards Lucy Scientific Discovery.
Lucy |
Lucy Scientific Discovery announces a one-for-ten reverse split of its common shares to meet Nasdaq bid price requirements.
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Lucy Scientific Fundamental Analysis
We analyze Lucy Scientific's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lucy Scientific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lucy Scientific 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Lucy Scientific is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Lucy Scientific Discovery 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 Lucy Scientific stock to make a market-neutral strategy. Peer analysis of Lucy Scientific could also be used in its relative valuation, which is a method of valuing Lucy Scientific by comparing valuation metrics with similar companies.
Peers
Lucy Scientific Related Equities
| AKAN | Akanda Corp | 9.59 | ||||
| CYTH | Cyclo Therapeutics | 5.26 | ||||
| SHPH | Shuttle Pharmaceuticals | 4.05 | ||||
| LFCR | Lifecore Biomedical | 1.92 | ||||
| ORGO | Organogenesis Holdings | 0.94 | ||||
| TLRY | Tilray | 2.21 | ||||
| DERM | Journey Medical | 4.80 |
Check out Correlation Analysis 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 unemployment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Lucy Stock
If you are still planning to invest in Lucy Scientific Discovery 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 Lucy Scientific's history and understand the potential risks before investing.
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