Phoenix Biotech Acquisition Valuation

Phoenix Biotech Asset Utilization

One of the ways to look at asset utilization of Phoenix is to check how much profit was generated for every dollar of assets it reports. Phoenix Biotech holds a negative application of assets of -0.0255 pct., losing $2.55E-4 for each dollar of assets held by the company. Inadequate asset utilization implies the company is being less effective with each dollar of assets it holds. Put it differently, asset utilization of Phoenix Biotech Acquisition shows how discouraging it operates for each dollar spent on its assets.

Phoenix Biotech Ownership Allocation

The market capitalization of Phoenix Biotech Acqu is $34.85 Million. Phoenix Biotech holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 95.2 pct. of Phoenix Biotech Acqu outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that almost six hundred thirty thousand nine hundred thirty-nine invesors are currently shorting Phoenix Biotech expressing very little confidence in its future performance.

Phoenix Biotech Profitability Analysis

Net Loss for the year was (2.52 M) with profit before overhead, payroll, taxes, and interest of 0.

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.

Check out Your Equity Center 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

If you are still planning to invest in Phoenix Biotech Acqu 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 Phoenix Biotech's history and understand the potential risks before investing.