Numinus Wellness Stock Today

NUMI Stock   0.04  0.01  10.00%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 54

 
High
 
Low
Average
Numinus Wellness is selling at 0.045 as of the 12th of December 2024; that is 10 percent decrease since the beginning of the trading day. The stock's open price was 0.05. Numinus Wellness has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. The performance scores are derived for the period starting the 13th of September 2024 and ending today, the 12th of December 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Numinus Wellness is entity of Canada. It is traded as Stock on TO exchange. The company has 320.55 M outstanding shares of which 75.22 K shares are now shorted by private and institutional investors with about 0.06 days to cover all short positions. More on Numinus Wellness

Moving together with Numinus Stock

  0.61BOFA Bank of AmericaPairCorr

Moving against Numinus Stock

  0.62PFE Pfizer Inc CDRPairCorr

Numinus Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Numinus Wellness' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Numinus Wellness or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
COO PresidentMichael MBA
Thematic IdeaHealth Management (View all Themes)
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, Health Management, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors)
Numinus Wellness' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Numinus Wellness' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Numinus Wellness 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 Numinus Wellness' financial leverage. It provides some insight into what part of Numinus Wellness' total assets is financed by creditors.
Liquidity
Numinus Wellness cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Numinus Wellness has accumulated 7.2 M in total debt. Debt can assist Numinus Wellness until it has trouble settling it off, either with new capital or with free cash flow. So, Numinus Wellness' 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 Numinus Wellness sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Numinus to invest in growth at high rates of return. When we think about Numinus Wellness' use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(1.59 Million)
Numinus Wellness (NUMI) is traded on Toronto Exchange in Canada and employs 15 people. Numinus Wellness is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Numinus Wellness's market, we take the total number of its shares issued and multiply it by Numinus Wellness's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Numinus Wellness operates under Health Care Providers & Services sector and is part of Health Care industry. The entity has 320.55 M outstanding shares of which 75.22 K shares are now shorted by private and institutional investors with about 0.06 days to cover all short positions. Numinus Wellness generates negative cash flow from operations
Check Numinus Wellness Probability Of Bankruptcy
Ownership Allocation
Numinus Wellness maintains a total of 320.55 Million outstanding shares. Numinus Wellness secures 3.85 % of its outstanding shares held by insiders and 2.66 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Numinus Ownership Details

Numinus Wellness Risk Profiles

Although Numinus Wellness' alpha and beta are two of the key measurements used to evaluate Numinus Wellness' performance over the market, the standard measures of volatility play an important role as well.

Numinus Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Numinus Wellness without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Insider Screener Now

   

Insider Screener

Find insiders across different sectors to evaluate their impact on performance
All  Next Launch Module

Numinus Wellness Corporate Management

Elected by the shareholders, the Numinus Wellness' board of directors comprises two types of representatives: Numinus Wellness inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Numinus. The board's role is to monitor Numinus Wellness' management team and ensure that shareholders' interests are well served. Numinus Wellness' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Numinus Wellness' outside directors are responsible for providing unbiased perspectives on the board's policies.
Payton NyquvestCEO CoFounderProfile
Nikhil HandaChief OfficerProfile
Evan MDChief OfficerProfile
Julie SaundersChief OfficerProfile
Ian NobleChief OfficerProfile
Melony CPAInterim OfficerProfile

Other Information on Investing in Numinus Stock

Numinus Wellness financial ratios help investors to determine whether Numinus 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 Numinus with respect to the benefits of owning Numinus Wellness security.