Is This Stock Fit For Your Portfolio?: Greencastle Resources Ltd. (TSXV:VGN)

Greencastle Resources Ltd. (TSXV:VGN) STOCK MARKET CAPITALIZATION AND VALAATION INDICATORS:

Greencastle Resources Ltd. (TSXV:VGN) is Canada based company. Currently it has a market worth of CAD$ 2387805.504. 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. P/E ratio is noted at 1.454545. P/E is a popular valuation ratio of a company’s current share price compared to its per-share earnings (trailing twelve months). P/S ratio of 31.101402 reflects the value placed on sales by the market. P/B ratio is 0.567376. P/B is used to compare a stock’s market value to its book value.

STOCK PERFORMANCE WATCH:

Greencastle Resources Ltd. (TSXV:VGN) has five years performance of 7.142857% and weekly performance of -6.25%. The stock has been moved at -31.818182% throughout last twelve months. The stock has performed -6.25% around last thirty days, and changed 25% over the last three months.

Greencastle Resources Ltd. (TSXV:VGN) stock has performed -6.25% and changed CAD$ -0.005 while share value reached at CAD$ 0.075 in last trading period. At present, the stock 52 week high price sited at 0.13 and 52 week low situated at 0.05. 7475 shares traded on hands while it’s an average volume stands with 16406 shares.

VOLATILITY FACTOR:

Average true range percent (ATRP-14) measured at 12.5%. Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price. Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won’t necessarily have lower ATR values than higher-priced stocks. The Company’s beta coefficient sits at 1.46853. 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 454.99% and Operating Margin is seen at 107.56%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets is -8.46%. Return on Equity (ROE) is 51.04%.

TECHNICAL OBSERVATION:

Now The company has RSI figure of 51.32. 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 27.68. 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.

Cory Savage

Cory Savage

Before joining Connecting Investor, Cory Savage worked as a freelance writer. He has more than 10 years’ experience in journalism and public relations. His experience in public relations includes press releases, promotional materials, and working with media outlets. He also has professional experience writing news, technology, and business stories. Cory leared CFA Level 2 from CFA Institute (USA). He has worked in diverse capacities from financial research to currency trading in a span of 3 years. Cory Savage covers Business news section. Email Contact: Cory@connectinginvestor.com

Leave a Reply

Your email address will not be published. Required fields are marked *

Solve : *
10 + 29 =