Profound Medical Corp Stock Number Of Shares Shorted
| PROF Stock | USD 7.36 0.01 0.14% |
Profound Medical Corp fundamentals help investors to digest information that contributes to Profound Medical's financial success or failures. It also enables traders to predict the movement of Profound Stock. The fundamental analysis module provides a way to measure Profound Medical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Profound Medical stock.
Profound | Number Of Shares Shorted |
Profound Medical Corp Company Number Of Shares Shorted Analysis
Profound Medical's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Profound Medical Number Of Shares Shorted | 313.73 K |
Most of Profound Medical's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Profound Medical Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Profound Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Profound Medical is extremely important. It helps to project a fair market value of Profound Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Profound Medical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Profound Medical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Profound Medical's interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Profound Medical Corp has 313.73 K of outstending shares currently sold short by investors. This is 90.19% lower than that of the Health Care Equipment & Supplies sector and 88.74% lower than that of the Health Care industry. The number of shares shorted for all United States stocks is 93.33% higher than that of the company.
Profound Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Profound Medical's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Profound Medical could also be used in its relative valuation, which is a method of valuing Profound Medical by comparing valuation metrics of similar companies.Profound Medical is currently under evaluation in number of shares shorted category among related companies.
Profound Medical Current Valuation Drivers
We derive many important indicators used in calculating different scores of Profound Medical from analyzing Profound Medical's financial statements. These drivers represent accounts that assess Profound Medical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Profound Medical's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 158.7M | 355.6M | 229.8M | 226.8M | 179.8M | 107.1M | |
| Enterprise Value | 154.9M | 273.3M | 164.0M | 188.6M | 161.7M | 87.9M |
Profound Fundamentals
| Return On Equity | -0.69 | ||||
| Return On Asset | -0.33 | ||||
| Operating Margin | (4.37) % | ||||
| Current Valuation | 161.52 M | ||||
| Shares Outstanding | 24.43 M | ||||
| Shares Owned By Insiders | 8.71 % | ||||
| Shares Owned By Institutions | 40.81 % | ||||
| Number Of Shares Shorted | 313.73 K | ||||
| Price To Book | 6.19 X | ||||
| Price To Sales | 27.29 X | ||||
| Revenue | 7.33 M | ||||
| Gross Profit | 3.02 M | ||||
| EBITDA | (27.97 M) | ||||
| Net Income | (29.09 M) | ||||
| Cash And Equivalents | 46.21 M | ||||
| Cash Per Share | 2.21 X | ||||
| Total Debt | 7.9 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 17.36 X | ||||
| Book Value Per Share | 1.46 X | ||||
| Cash Flow From Operations | (22.71 M) | ||||
| Short Ratio | 11.97 X | ||||
| Earnings Per Share | (1.35) X | ||||
| Target Price | 12.61 | ||||
| Number Of Employees | 131 | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 179.81 M | ||||
| Total Asset | 43.69 M | ||||
| Retained Earnings | (216.82 M) | ||||
| Working Capital | 35.53 M | ||||
| Current Asset | 9 K | ||||
| Current Liabilities | 761 K | ||||
| Net Asset | 43.69 M |
About Profound Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Profound Medical Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Profound Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Profound Medical Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Profound Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Profound Medical's short interest history, or implied volatility extrapolated from Profound Medical options trading.
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Check out Profound Medical Piotroski F Score and Profound Medical Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Profound Stock analysis
When running Profound Medical's price analysis, check to measure Profound Medical'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 Profound Medical is operating at the current time. Most of Profound Medical's value examination focuses on studying past and present price action to predict the probability of Profound Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Profound Medical's price. Additionally, you may evaluate how the addition of Profound Medical to your portfolios can decrease your overall portfolio volatility.
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Is Profound Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Profound Medical. If investors know Profound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Profound Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.35) | Revenue Per Share 0.34 | Quarterly Revenue Growth 0.598 | Return On Assets (0.33) | Return On Equity (0.69) |
The market value of Profound Medical Corp is measured differently than its book value, which is the value of Profound that is recorded on the company's balance sheet. Investors also form their own opinion of Profound Medical's value that differs from its market value or its book value, called intrinsic value, which is Profound Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Profound Medical's market value can be influenced by many factors that don't directly affect Profound Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Profound Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profound Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profound Medical's 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.