Eastern Silk Industries Third Quarter 2024 Earnings 0.43 loss per share - Simply Wall St
| EASTSILK | 1.80 0.00 0.00% |
About 56% of Eastern Silk's investor base is looking to short. The analysis of overall sentiment of trading Eastern Silk Industries stock suggests that many investors are alarmed at this time. Eastern Silk's investing sentiment shows overall attitude of investors towards Eastern Silk Industries.
Eastern Silk stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Eastern daily returns and investor perception about the current price of Eastern Silk Industries as well as its diversification or hedging effects on your existing portfolios.
Eastern |
Eastern Silk Industries Third Quarter 2024 Earnings 0.43 loss per share Simply Wall St
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Eastern Silk Fundamental Analysis
We analyze Eastern Silk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastern Silk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastern Silk 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.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Eastern Silk is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Eastern Silk Industries 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 Eastern Silk stock to make a market-neutral strategy. Peer analysis of Eastern Silk could also be used in its relative valuation, which is a method of valuing Eastern Silk by comparing valuation metrics with similar companies.
Peers
Eastern Silk Related Equities
| DMCC | DMCC SPECIALITY | 3.48 | ||||
| MFSL | Max Financial | 0.27 | ||||
| SILVERTUC | Silver Touch | 1.02 | ||||
| SPIC | Southern Petrochemicals | 1.91 | ||||
| UCOBANK | UCO Bank | 2.26 | ||||
| VISHNU | Vishnu Chemicals | 2.45 | ||||
| SUKHJITS | Sukhjit Starch | 2.48 | ||||
| CENTRALBK | Central Bank | 3.22 |
Other Information on Investing in Eastern Stock
Eastern Silk financial ratios help investors to determine whether Eastern Stock 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 Eastern with respect to the benefits of owning Eastern Silk security.