Westbond Enterprises Corp Stock Today

WBE Stock  CAD 0.13  0.00  0.00%   

Performance

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Odds Of Distress

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Westbond Enterprises is selling for under 0.13 as of the 24th of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.13. Westbond Enterprises has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Westbond Enterprises Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
WestBond Enterprises Corporation, together with its subsidiary, WestBond Industries Inc., manufactures and sells disposable paper products for medical, hygienic, and industrial uses primarily in Canada and the United States. WestBond Enterprises Corporation is headquartered in Delta, Canada. The company has 35.63 M outstanding shares of which 167 shares are at this time shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Westbond Enterprises Corp

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Westbond 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. Westbond Enterprises' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westbond Enterprises or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentGennaro Magistrale
Business ConcentrationMaterials, Paper & Forest Products, Paper & Paper Products, Basic Materials (View all Sectors)
Westbond Enterprises Corp (WBE) is traded on TSX Venture Exchange in Canada and employs 8 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westbond Enterprises's market, we take the total number of its shares issued and multiply it by Westbond Enterprises'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. Westbond Enterprises Corp classifies itself under Paper & Forest Products sector and is part of Materials industry. The entity has 35.63 M outstanding shares of which 167 shares are at this time shorted by private and institutional investors with about 0.02 days to cover all short positions. Westbond Enterprises Corp has accumulated about 474.03 K in cash with 1.93 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership Allocation
Westbond Enterprises Corp retains a total of 35.63 Million outstanding shares. Westbond Enterprises Corp owns significant 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 shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Westbond Enterprises Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Westbond Enterprises market risk premium is the additional return an investor will receive from holding Westbond Enterprises 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 Westbond Enterprises. 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 Westbond Enterprises' alpha and beta are two of the key measurements used to evaluate Westbond Enterprises' performance over the market, the standard measures of volatility play an important role as well.

Westbond Stock Against Markets

Picking the right benchmark for Westbond Enterprises 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 Westbond Enterprises 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 Westbond Enterprises is critical whether you are bullish or bearish towards Westbond Enterprises Corp at a given time. Please also check how Westbond Enterprises' 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 Westbond Enterprises 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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Westbond Enterprises Corporate Management

Elected by the shareholders, the Westbond Enterprises' board of directors comprises two types of representatives: Westbond Enterprises inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westbond. The board's role is to monitor Westbond Enterprises' management team and ensure that shareholders' interests are well served. Westbond Enterprises' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westbond Enterprises' outside directors are responsible for providing unbiased perspectives on the board's policies.
Xander OxmanCoFounderProfile
Brian SmithChairman, FounderProfile
Erin GreenChief OfficerProfile
Geoffrey McFarlaneFounder DirectorProfile
Subhashni PrasadTreasurer SecretaryProfile
Carol BraultChief OfficerProfile
Mark LynnCoFounderProfile

How to buy Westbond Stock?

Before investing in Westbond Enterprises, 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 Westbond Enterprises. To buy Westbond Enterprises stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westbond Enterprises. 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 Westbond Enterprises stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Westbond Enterprises Corp 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 Westbond Enterprises Corp 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 Westbond Enterprises Corp, 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 Westbond Enterprises Corp?

The danger of trading Westbond Enterprises Corp 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 Westbond Enterprises 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 Westbond Enterprises. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westbond Enterprises Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westbond Enterprises Corp. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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