Pure Global Cannabis Stock Probability of Future Pink Sheet Price Finishing Under 0.0
Pure Global's future price is the expected price of Pure Global instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Pure Global Cannabis performance during a given time horizon utilizing its historical volatility. Check out Pure Global Backtesting, Pure Global Valuation, Pure Global Correlation, Pure Global Hype Analysis, Pure Global Volatility, Pure Global History as well as Pure Global Performance.
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Pure |
Pure Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pure Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pure Global Cannabis can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pure Global Cannabis generated a negative expected return over the last 90 days | |
| Pure Global Cannabis has some characteristics of a very speculative penny stock | |
| Pure Global Cannabis has a very high chance of going through financial distress in the upcoming years | |
| Pure Global Cannabis has accumulated 7.23 M in total debt with debt to equity ratio (D/E) of 3.05, implying the company greatly relies on financing operations through barrowing. Pure Global Cannabis has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pure Global until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Global's 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 Pure Global Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Global's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (23.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pure Global Cannabis has accumulated about 146.1 K in cash with (8.99 M) of positive cash flow from operations. | |
| Roughly 16.0% of Pure Global outstanding shares are owned by corporate insiders |
Pure Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Pure Pink Sheet often depends not only on the future outlook of the current and potential Pure Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pure Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 147.8 M |
Pure Global Technical Analysis
Pure Global's future price can be derived by breaking down and analyzing its technical indicators over time. Pure Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pure Global Cannabis. In general, you should focus on analyzing Pure Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Pure Global Predictive Forecast Models
Pure Global's time-series forecasting models is one of many Pure Global's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pure Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Pure Global Cannabis
Checking the ongoing alerts about Pure Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pure Global Cannabis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pure Global Cannabis generated a negative expected return over the last 90 days | |
| Pure Global Cannabis has some characteristics of a very speculative penny stock | |
| Pure Global Cannabis has a very high chance of going through financial distress in the upcoming years | |
| Pure Global Cannabis has accumulated 7.23 M in total debt with debt to equity ratio (D/E) of 3.05, implying the company greatly relies on financing operations through barrowing. Pure Global Cannabis has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pure Global until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Global's 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 Pure Global Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Global's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (23.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pure Global Cannabis has accumulated about 146.1 K in cash with (8.99 M) of positive cash flow from operations. | |
| Roughly 16.0% of Pure Global outstanding shares are owned by corporate insiders |
Other Information on Investing in Pure Pink Sheet
Pure Global financial ratios help investors to determine whether Pure Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pure with respect to the benefits of owning Pure Global security.