PhotoniCare Announces a First Close of 4.6 Million in Series B Financing, a Manufacturing Partnership with Gentex Corporation, and Relocation of its Headquarters to Grand Rapids, Michigan
| ZENA Stock | 6.97 0.32 4.39% |
About 62% of ZenaTech's investor base is looking to short. The analysis of overall sentiment of trading ZenaTech stock suggests that many investors are alarmed at this time. The current market sentiment, together with ZenaTech's historical and current headlines, can help investors time the market. In addition, many technical investors use ZenaTech stock news signals to limit their universe of possible portfolio assets.
ZenaTech |
OtoSight Middle Ear Scope PhotoniCare OtoSight Middle Ear Scope GRAND RAPIDS, Mich., Dec. 03, 2024 -- PhotoniCare Inc., a medical device company dedicated to delivering innovation to frontline care that demonstrably enhances patient outcomes, is pleased to announce that it has secured 4.6 million in Series B financing, formed a manufacturing partnership with Gentex Corporation for its first-in-class, FDA-cleared OtoSight Middle Ear Scope, and finalized the relocation of its h
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ZenaTech Fundamental Analysis
We analyze ZenaTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZenaTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZenaTech 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.
Return On Equity
Return On Equity Comparative Analysis
ZenaTech is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
ZenaTech 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 ZenaTech stock to make a market-neutral strategy. Peer analysis of ZenaTech could also be used in its relative valuation, which is a method of valuing ZenaTech by comparing valuation metrics with similar companies.
Peers
ZenaTech Related Equities
| DEO | Diageo PLC | 1.71 | ||||
| GROW | US Global | 0.41 | ||||
| AMP | Ameriprise Financial | 0.35 | ||||
| TAP | Molson Coors | 0.21 | ||||
| UVV | Universal | 0.11 | ||||
| FCRM | Franklin Credit | 0.00 | ||||
| PM | Philip Morris | 0.30 | ||||
| APAM | Artisan Partners | 1.63 |
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