Ibex Technologies Stock Today

IBT Stock  CAD 1.43  0.01  0.70%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
IBEX Technologies is selling for under 1.43 as of the 29th of March 2024; that is 0.70% increase since the beginning of the trading day. The stock's lowest day price was 1.43. IBEX Technologies has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for IBEX Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
Category
Healthcare
Classification
Health Care
IBEX Technologies Inc., through its subsidiaries, manufactures and markets enzymes for biomedical use in Canada, the United States, the United Kingdom, and internationally. The company was founded in 1986 and is based in Montreal, Canada. IBEX TECHNOLOGIES operates under Biotechnology classification in Canada and is traded on TSX Venture Exchange.. The company has 24.51 M outstanding shares of which 1.61 K shares are currently shorted by private and institutional investors with about 0.02 days to cover all short positions. More on IBEX Technologies

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IBEX Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IBEX Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IBEX Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman, CEO and PresPaul Baehr
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
IBEX Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to IBEX Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IBEX Technologies' financial leverage. It provides some insight into what part of IBEX Technologies' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on IBEX Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how IBEX Technologies deploys its capital and how much of that capital is borrowed.
Liquidity
IBEX Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 1.03 M in total debt with debt to equity ratio (D/E) of 14.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. IBEX Technologies has a current ratio of 4.9, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IBEX Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, IBEX Technologies' 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 IBEX Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IBEX to invest in growth at high rates of return. When we think about IBEX Technologies' use of debt, we should always consider it together with cash and equity.

Net Income

4.7 Million
IBEX Technologies (IBT) is traded on TSX Venture Exchange in Canada and employs 9 people. IBEX Technologies is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IBEX Technologies's market, we take the total number of its shares issued and multiply it by IBEX Technologies'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. IBEX Technologies classifies itself under Biotechnology sector and is part of Health Care industry. The entity has 24.51 M outstanding shares of which 1.61 K shares are currently shorted by private and institutional investors with about 0.02 days to cover all short positions. IBEX Technologies has accumulated about 2.98 M in cash with 2.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check IBEX Technologies Probability Of Bankruptcy
Ownership Allocation
IBEX Technologies has a total of 24.51 Million outstanding shares. IBEX Technologies secures considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check IBEX Ownership Details

IBEX Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of IBEX Technologies jumping above the current price in 90 days from now is about 14.31%. The IBEX Technologies probability density function shows the probability of IBEX Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon IBEX Technologies has a beta of -1.9847. This usually indicates as returns on its benchmark rise, returns on holding IBEX Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, IBEX Technologies is expected to outperform its benchmark. Additionally, iBEX Technologies has an alpha of 0.6365, implying that it can generate a 0.64 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.43HorizonTargetOdds Above 1.43
85.62%90 days
 1.43 
14.31%
Based on a normal probability distribution, the odds of IBEX Technologies to move above the current price in 90 days from now is about 14.31 (This IBEX Technologies probability density function shows the probability of IBEX Stock to fall within a particular range of prices over 90 days) .

IBEX Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IBEX Technologies market risk premium is the additional return an investor will receive from holding IBEX Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IBEX Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IBEX Technologies' alpha and beta are two of the key measurements used to evaluate IBEX Technologies' performance over the market, the standard measures of volatility play an important role as well.

IBEX Stock Against Markets

Picking the right benchmark for IBEX Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IBEX Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IBEX Technologies is critical whether you are bullish or bearish towards IBEX Technologies at a given time. Please also check how IBEX Technologies' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in IBEX Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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IBEX Technologies Corporate Directors

IBEX Technologies corporate directors refer to members of an IBEX Technologies board of directors. The board of directors generally takes responsibility for the IBEX Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of IBEX Technologies' board members must vote for the resolution. The IBEX Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert DeLucciaLead Independent DirectorProfile
Danilo NettoIndependent DirectorProfile
Bruce ConnopDirectorProfile
Bernard PatriaccaIndependent DirectorProfile

How to buy IBEX Stock?

Before investing in IBEX Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IBEX Technologies. To buy IBEX Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of IBEX Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase IBEX Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located IBEX Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased IBEX Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as IBEX Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in IBEX Technologies?

The danger of trading IBEX Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IBEX Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IBEX Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IBEX Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBEX Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for IBEX Stock analysis

When running IBEX Technologies' price analysis, check to measure IBEX Technologies' 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 IBEX Technologies is operating at the current time. Most of IBEX Technologies' value examination focuses on studying past and present price action to predict the probability of IBEX Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBEX Technologies' price. Additionally, you may evaluate how the addition of IBEX Technologies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between IBEX Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if IBEX Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBEX Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.