ViewRay stock to be delisted from Nasdaq and moved to OTC Exchange
VRAYDelisted Stock | USD 0.04 0 5.67% |
Slightly above 62% of ViewRay's investor base is looking to short. The analysis of current outlook of investing in ViewRay suggests that many traders are alarmed regarding ViewRay's prospects. ViewRay's investing sentiment can be driven by a variety of factors including economic data, ViewRay's earnings reports, geopolitical events, and overall market trends.
ViewRay |
ViewRay said Friday it will be delisted from Nasdaq and begin trading on OTC markets
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ViewRay Fundamental Analysis
We analyze ViewRay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ViewRay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ViewRay 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 Liabilities
Current Liabilities Comparative Analysis
ViewRay is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
ViewRay 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 ViewRay stock to make a market-neutral strategy. Peer analysis of ViewRay could also be used in its relative valuation, which is a method of valuing ViewRay by comparing valuation metrics with similar companies.
Peers
ViewRay Related Equities
TIVC | Tivic Health | 68.18 | ||||
ESTA | Establishment Labs | 5.58 | ||||
ATEC | Alphatec Holdings | 1.21 | ||||
AORT | Artivion | 0.95 | ||||
ANIK | Anika Therapeutics | 0.62 | ||||
SGHT | Sight Sciences | 0.28 | ||||
OFIX | Orthofix Medical | 0.06 | ||||
HSCS | Heart Test | 0.00 | ||||
CVRX | CVRx | 0.00 | ||||
BBLG | Bone Biologics | 0 | ||||
AVNS | Avanos Medical | 0.06 | ||||
DCTH | Delcath Systems | 0.09 | ||||
INGN | Inogen | 0.59 | ||||
NPCE | Neuropace | 2.62 | ||||
AXGN | Axogen | 5.41 | ||||
VVOS | Vivos Therapeutics | 6.05 |
Check out World Market Map 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 nation. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in ViewRay Stock
If you are still planning to invest in ViewRay 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 ViewRay's history and understand the potential risks before investing.
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