Steel Connect Analysis

Steel Connect is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Steel Connect delisted stock analysis is to determine its intrinsic value, which is an estimate of what Steel Connect is worth, separate from its market price. There are two main types of Steel Connect's stock analysis: fundamental analysis and technical analysis.
The Steel Connect stock is traded in the USA on NASDAQ 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. Steel Connect is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Steel Stock trading window is adjusted to America/New York timezone.
  
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 main economic indicators.

Steel Stock Analysis Notes

About 69.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steel Connect last dividend was issued on the 15th of March 2011. The entity had 375:3500 split on the 22nd of June 2023. Steel Connect, Inc., together with its subsidiaries, provides direct marketing and supply chain services in the United States, Mainland China, and internationally. Steel Connect, Inc. was incorporated in 1986 and is headquartered in Smyrna, Tennessee. Steel Connect operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 3120 people. To find out more about Steel Connect contact Fawaz Khalil at 914 461 1276 or learn more at https://www.steelconnectinc.com.

Steel Connect Investment Alerts

Steel Connect is not yet fully synchronised with the market data
Steel Connect has some characteristics of a very speculative penny stock
Steel Connect has a very high chance of going through financial distress in the upcoming years
About 69.0% of the company shares are owned by institutional investors

Steel Connect Upcoming and Recent Events

Earnings reports are used by Steel Connect to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
20th of March 2024
Upcoming Quarterly Report
View
31st of January 2024
Next Fiscal Quarter End
View

Steel Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 77.17 M.

Steel Profitablity

The company has Profit Margin (PM) of 0.51 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.

Steel Connect 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 Steel Connect insiders, such as employees or executives, is commonly permitted as long as it does not rely on Steel Connect'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 Steel Connect 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.
 
Steel Partners Holdings L.p. over three months ago
Acquisition by Steel Partners Holdings L.p. of 439673 shares of Steel Connect at 12.0 subject to Rule 16b-3
 
Simril Renata over three months ago
Acquisition by Simril Renata of 2304 shares of Steel Connect subject to Rule 16b-3
 
Fenton Jeffrey J over three months ago
Acquisition by Fenton Jeffrey J of 2304 shares of Steel Connect subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Disposition of tradable shares by Steel Partners Holdings L.p. of Steel Connect at 22.16 subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Acquisition by Steel Partners Holdings L.p. of 439673 shares of Steel Connect at 12.0 subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Acquisition by Steel Partners Holdings L.p. of 2169 shares of Steel Connect at 9.4731 subject to Rule 16b-3
 
Fenton Jeffrey J over six months ago
Acquisition by Fenton Jeffrey J of 2109 shares of Steel Connect subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Acquisition by Steel Partners Holdings L.p. of 7437 shares of Steel Connect at 9.6313 subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Acquisition by Steel Partners Holdings L.p. of 6371 shares of Steel Connect at 12.0379 subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Acquisition by Steel Partners Holdings L.p. of 7434 shares of Steel Connect at 11.2568 subject to Rule 16b-3
 
Steel Partners Holdings L.p. over six months ago
Acquisition by Steel Partners Holdings L.p. of 1323 shares of Steel Connect at 10.4984 subject to Rule 16b-3
 
Simril Renata over six months ago
Acquisition by Simril Renata of 18682 shares of Steel Connect subject to Rule 16b-3

Steel Connect Outstanding Bonds

Steel Connect 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. Steel Connect 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 Steel bonds can be classified according to their maturity, which is the date when Steel Connect 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.

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

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Other Consideration for investing in Steel Stock

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