Edgio Inc Stock Today
| EGIO Stock | USD 0.03 0 3.33% |
Performance13 of 100
| Odds Of DistressOver 67
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Edgio is selling at 0.031 as of the 14th of November 2024; that is 3.33 percent increase since the beginning of the trading day. The stock's open price was 0.03. Edgio has more than 67 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Edgio Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of July 2023 and ending today, the 14th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 8th of June 2007 | Category Technology | Classification Information Technology |
Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Edgio, Inc. was founded in 2001 and is headquartered in Tempe, Arizona. The company has 5.86 M outstanding shares of which 321.57 K shares are currently shorted by private and institutional investors with about 7.23 trading days to cover. More on Edgio Inc
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Edgio Stock Highlights
| CEO Director | Todd Hinders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsEdgio can leverage 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 Edgio's financial leverage. It provides some insight into what part of Edgio's total assets is financed by creditors.
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Edgio Inc (EGIO) is traded on NASDAQ Exchange in USA and employs 822 people. Edgio is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.5 M. Edgio Inc conducts business under Software sector and is part of Information Technology industry. The entity has 5.86 M outstanding shares of which 321.57 K shares are currently shorted by private and institutional investors with about 7.23 trading days to cover.
Edgio Inc currently holds about 77.33 M in cash with (38.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Edgio Probability Of Bankruptcy
Ownership Allocation30% of Edgio Inc outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change.
Check Edgio Ownership Details
Edgio Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-06-30 | 11.1 K | |
| Ubs Group Ag | 2024-06-30 | 7.5 K | |
| Bank Of America Corp | 2024-06-30 | 1.4 K | |
| Advisor Group Holdings, Inc. | 2024-06-30 | 1.3 K | |
| Group One Trading, Lp | 2024-06-30 | 922 | |
| Tower Research Capital Llc | 2024-06-30 | 863 | |
| Fmr Inc | 2024-06-30 | 392 | |
| Acadian Asset Management Llc | 2024-06-30 | 272 | |
| Rhumbline Advisers | 2024-06-30 | 95.0 | |
| Vanguard Group Inc | 2024-06-30 | 153.7 K | |
| Blackrock Inc | 2024-06-30 | 54.4 K |
Edgio Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Edgio market risk premium is the additional return an investor will receive from holding Edgio long position in a well-diversified portfolio.
| Mean Deviation | 3814.06 | |||
| Semi Deviation | 50.17 | |||
| Standard Deviation | 12781.41 | |||
| Variance | 1.6336439299E8 |
Edgio Stock Against Markets
Edgio Corporate Management
| Robert Lyons | CEO Pres | Profile | |
| Stephen Cumming | CFO Treasurer | Profile | |
| Kathy Austin | Senior Officer | Profile | |
| Eric Armstrong | Chief Officer | Profile | |
| Sameet Sinha | Vice Development | Profile | |
| Richard Diegnan | Chief Sec | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgio Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Application Software space 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 Edgio. If investors know Edgio 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 Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (26.00) | Revenue Per Share 72.469 | Quarterly Revenue Growth (0.12) | Return On Assets (0.14) | Return On Equity (0.63) |
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio'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 Edgio's market value can be influenced by many factors that don't directly affect Edgio'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 Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio'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.