Canoo Inc Analysis

GOEVDelisted Stock  USD 0.16  0.04  33.33%   
Canoo Inc is overvalued with Real Value of 0.15 and Hype Value of 0.16. The main objective of Canoo pink sheet analysis is to determine its intrinsic value, which is an estimate of what Canoo Inc is worth, separate from its market price. There are two main types of Canoo's stock analysis: fundamental analysis and technical analysis.
The Canoo pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Risk vs Return 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 income.

Canoo Pink Sheet Analysis Notes

The company has price-to-book (P/B) ratio of 0.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canoo Inc recorded a loss per share of 34.4. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 24th of December 2024. Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. Canoo operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 805 people.The quote for Canoo Inc is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Canoo Inc call Anthony Aquila at 424 271 2144 or check out https://www.canoo.com.

Canoo Inc Investment Alerts

Canoo Inc is not yet fully synchronised with the market data
Canoo Inc has some characteristics of a very speculative penny stock
Canoo Inc has a very high chance of going through financial distress in the upcoming years
Canoo Inc currently holds 89.99 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Canoo Inc has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Canoo until it has trouble settling it off, either with new capital or with free cash flow. So, Canoo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canoo Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canoo to invest in growth at high rates of return. When we think about Canoo's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 886 K. Net Loss for the year was (302.02 M) with loss before overhead, payroll, taxes, and interest of (1.62 M).
Canoo Inc currently holds about 36.48 M in cash with (251.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.

Canoo Inc Upcoming and Recent Events

4th of April 2024
Upcoming Quarterly Report
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20th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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4th of April 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Canoo Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canoo's market, we take the total number of its shares issued and multiply it by Canoo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Canoo Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Canoo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Canoo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Canoo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Canoo Outstanding Bonds

Canoo issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Canoo Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Canoo bonds can be classified according to their maturity, which is the date when Canoo Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

About Canoo Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Canoo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Canoo shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Canoo. By using and applying Canoo Pink Sheet analysis, traders can create a robust methodology for identifying Canoo entry and exit points for their positions.
Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. Canoo operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 805 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Canoo to your portfolios without increasing risk or reducing expected return.

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Other Consideration for investing in Canoo Pink Sheet

If you are still planning to invest in Canoo Inc 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 Canoo's history and understand the potential risks before investing.
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