ShiftPixy Tells Gig Workers We Fixed Work with the Launch of Its Cutting-Edge Instant Interview Feature
PIXYDelisted Stock | USD 6.53 1.06 13.97% |
Slightly above 62% of ShiftPixy's investor base is looking to short. The analysis of current outlook of investing in ShiftPixy suggests that many traders are alarmed regarding ShiftPixy's prospects. ShiftPixy's investing sentiment can be driven by a variety of factors including economic data, ShiftPixy's earnings reports, geopolitical events, and overall market trends.
ShiftPixy |
MIAMI, July 10, 2023 ShiftPixy, Inc. , a Miami-based disruptive worker engagement and management platform, today announced the launch of its game-changing Instant Interview feature, resolving a major roadblock to getting workers hired.
Read at finance.yahoo.com
ShiftPixy Fundamental Analysis
We analyze ShiftPixy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ShiftPixy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ShiftPixy 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.
Current Valuation
Current Valuation Comparative Analysis
ShiftPixy is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
ShiftPixy 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 ShiftPixy stock to make a market-neutral strategy. Peer analysis of ShiftPixy could also be used in its relative valuation, which is a method of valuing ShiftPixy by comparing valuation metrics with similar companies.
Peers
ShiftPixy Related Equities
JOB | GEE | 27.27 | ||||
RANJY | Randstad Holdings | 1.80 | ||||
KELYA | Kelly Services | 0.49 | ||||
CWLPF | Caldwell Partners | 1.15 | ||||
TBI | TrueBlue | 1.72 |
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 interest. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in ShiftPixy Stock
If you are still planning to invest in ShiftPixy 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 ShiftPixy's history and understand the potential risks before investing.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Transaction History View history of all your transactions and understand their impact on performance | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |