Sun Resources NL (ASX:SUR) STOCK MARKET CAPITALIZATION AND VALAATION INDICATORS:
Sun Resources NL (ASX:SUR) is Australia based company. Currently it has a market worth of AUD$ 2444812.8064. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. P/S ratio of 122.94521 reflects the value placed on sales by the market.
STOCK PERFORMANCE WATCH:
Sun Resources NL (ASX:SUR)
Sun Resources NL (ASX:SUR) share value reached at AUD$ 0.004 in last trade transaction. At present, the stock 52 week high price sited at 0.007 and 52 week low situated at 0.003. 910087 shares traded on hands while it’s an average volume stands with 354668 shares. The current analyst consensus rating clocked at 2 on company shares. Analysts estimated that stock to reach value at AUD$ 0.11 price in one-year period.
The Company’s beta coefficient sits at -0.989923. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk.
The company’s net profit margin is 0.00%. It measures how much out of every dollar of sales a company actually keeps in earnings. Gross Margin is observed at 333.75% and Operating Margin is seen at -2552.26%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets is -67.06%.
Now The company has RSI figure of 0. The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings.
ADX value listed at 35.36. The values of ADX range from 0 to 100 and are also important for distinguishing between trends and non-trends. Many traders will use ADX readings above 25 to suggest that the trend’s strength is strong enough for trend trading strategies. Conversely, when ADX is below 25, many will avoid trend trading strategies.