MiX Telematics Coverage Initiated by Analysts at StockNews.com
MIXTDelisted Stock | USD 6.88 0.31 4.72% |
Slightly above 55% of Mix Telemats' private investors are presently thinking to get in. The analysis of current outlook of investing in Mix Telemats suggests that some traders are interested regarding Mix Telemats' prospects. Mix Telemats' investing sentiment can be driven by a variety of factors including economic data, Mix Telemats' earnings reports, geopolitical events, and overall market trends.
Mix |
StockNews.com assumed coverage on shares of MiX Telematics in a research note published on Sunday. The firm issued a strong-buy rating on the technology companys stock. MiX Telematics Trading Up 0.2 percent MiX Telematics stock opened at 4.91 on Friday. The stock has a market cap of 119.36 million, a PE
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Mix Telemats Fundamental Analysis
We analyze Mix Telemats' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mix Telemats using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mix Telemats 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.
Market Capitalization
Market Capitalization Comparative Analysis
Mix Telemats is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Mix Telemats Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mix Telemats stock to make a market-neutral strategy. Peer analysis of Mix Telemats could also be used in its relative valuation, which is a method of valuing Mix Telemats by comparing valuation metrics with similar companies.
Peers
Mix Telemats Related Equities
KARO | Karooooo | 6.16 | ||||
ENFN | Enfusion | 2.00 | ||||
ONTF | ON24 | 1.99 | ||||
CWAN | Clearwater Analytics | 1.54 | ||||
AGYS | Agilysys | 1.03 | ||||
PRO | PROS Holdings | 1.00 | ||||
ALKT | Alkami Technology | 0.51 | ||||
PYCR | Paycor HCM | 0.17 | ||||
MLNK | Meridianlink | 4.39 | ||||
ADEA | ADEIA P | 8.05 |
Check out Correlation Analysis 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 interest. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Mix Stock
If you are still planning to invest in Mix Telemats 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 Mix Telemats' history and understand the potential risks before investing.
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