Pure Harvest Cannabis Stock Analysis

PHCG Stock  USD 0  0  50.00%   
Pure Harvest Cannabis is overvalued with Real Value of 0.002573 and Hype Value of 0.001993. The main objective of Pure Harvest pink sheet analysis is to determine its intrinsic value, which is an estimate of what Pure Harvest Cannabis is worth, separate from its market price. There are two main types of Pure Harvest's stock analysis: fundamental analysis and technical analysis.
The Pure Harvest 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Pure Harvest's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Harvest Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Pure Pink Sheet Analysis Notes

The company has price-to-book ratio of 1.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Pure Harvest Cannabis recorded a loss per share of 0.09. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 2nd of May 2019. Pure Harvest Corporate Group, Inc. focuses on the acquisition and operation of licensed medical and recreational marijuana dispensaries, cultivation facilities, and production facilities. Pure Harvest Corporate Group, Inc. was founded in 2004 and is based in Greenwood Village, Colorado. Pure Harvest operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 25 people.The quote for Pure Harvest Cannabis is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Pure Harvest Cannabis contact Matthew Gregarek at 800 924 3716 or learn more at https://www.pureharvestgroup.com.

Pure Harvest Cannabis Investment Alerts

Pure Harvest is way too risky over 90 days horizon
Pure Harvest has some characteristics of a very speculative penny stock
Pure Harvest appears to be risky and price may revert if volatility continues
Pure Harvest has high likelihood to experience some financial distress in the next 2 years
Pure Harvest Cannabis currently holds 1.17 M in liabilities with Debt to Equity (D/E) ratio of 3.36, implying the company greatly relies on financing operations through barrowing. Pure Harvest Cannabis has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pure Harvest until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Harvest'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 Pure Harvest Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Harvest's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 2.54 M. Net Loss for the year was (13.99 M) with profit before overhead, payroll, taxes, and interest of 410.5 K.
Pure Harvest Cannabis currently holds about 409.36 K in cash with (4.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Pure Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pure Harvest's market, we take the total number of its shares issued and multiply it by Pure Harvest'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.

Pure Profitablity

The company has Profit Margin (PM) of (2.68) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.04) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.04.

Technical Drivers

As of the 25th of March, Pure Harvest holds the Coefficient Of Variation of 779.35, risk adjusted performance of 0.1254, and Semi Deviation of 12.95. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pure Harvest, as well as the relationship between them. Please check Pure Harvest Cannabis maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Pure Harvest Cannabis is priced some-what accurately, providing market reflects its current price of 0.003 per share. As Pure Harvest Cannabis appears to be a penny stock we also advise to check out its total risk alpha numbers.

Pure Harvest Cannabis Price Movement Analysis

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The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Pure Harvest middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Pure Harvest Cannabis. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Pure Harvest Outstanding Bonds

Pure Harvest 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. Pure Harvest Cannabis 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 Pure bonds can be classified according to their maturity, which is the date when Pure Harvest Cannabis 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.

Pure Harvest Predictive Daily Indicators

Pure Harvest intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Pure Harvest pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Pure Harvest Forecast Models

Pure Harvest's time-series forecasting models are one of many Pure Harvest's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Pure Harvest's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Pure Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Pure Harvest 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 Pure 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 Pure Harvest. By using and applying Pure Pink Sheet analysis, traders can create a robust methodology for identifying Pure entry and exit points for their positions.
Pure Harvest Corporate Group, Inc. focuses on the acquisition and operation of licensed medical and recreational marijuana dispensaries, cultivation facilities, and production facilities. Pure Harvest Corporate Group, Inc. was founded in 2004 and is based in Greenwood Village, Colorado. Pure Harvest operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 25 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 Pure Harvest to your portfolios without increasing risk or reducing expected return.

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When running Pure Harvest's price analysis, check to measure Pure Harvest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pure Harvest is operating at the current time. Most of Pure Harvest's value examination focuses on studying past and present price action to predict the probability of Pure Harvest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Harvest's price. Additionally, you may evaluate how the addition of Pure Harvest to your portfolios can decrease your overall portfolio volatility.
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