Biolase Reports 2024 First Quarter Results Reiterates Full-Year 2024 Guidance For Revenue Growth and Profitability
BIOLDelisted Stock | USD 0.05 0.02 27.46% |
About 61% of BIOLASE's investor base is looking to short. The analysis of current outlook of investing in BIOLASE suggests that many traders are alarmed regarding BIOLASE's prospects. BIOLASE's investing sentiment shows overall attitude of investors towards BIOLASE.
BIOLASE |
Increased Adoption of Dental Lasers and Improved Cost Structure Position Company for Sustained Long Term Growth and SuccessLAKE FOREST, CA ACCESSWIRE May 13, 2024 BIOLASE, Inc. , a
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BIOLASE Fundamental Analysis
We analyze BIOLASE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BIOLASE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BIOLASE 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.
Current Liabilities
Current Liabilities Comparative Analysis
BIOLASE is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
BIOLASE 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 BIOLASE stock to make a market-neutral strategy. Peer analysis of BIOLASE could also be used in its relative valuation, which is a method of valuing BIOLASE by comparing valuation metrics with similar companies.
Peers
BIOLASE Related Equities
BBLG | Bone Biologics | 5.56 | ||||
NUWE | Nuwellis | 1.74 | ||||
HSCS | Heart Test | 1.06 | ||||
NNOX | Nano X | 0.80 | ||||
DXCM | DexCom | 0.41 | ||||
TNDM | Tandem Diabetes | 1.31 | ||||
VVOS | Vivos Therapeutics | 2.31 | ||||
BVS | Bioventus | 3.45 | ||||
BJDX | Bluejay Diagnostics | 3.47 | ||||
PACB | Pacific Biosciences | 3.63 | ||||
NAOV | NanoVibronix | 4.92 | ||||
TIVC | Tivic Health | 14.29 |
Check out Trending Equities 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 persons. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in BIOLASE Stock
If you are still planning to invest in BIOLASE 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 BIOLASE's history and understand the potential risks before investing.
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