Co Diagnostics Inc Abnormal volume & undervalued
1 Year Price Target: $23.00 for a 180+/-% return
About: Co-Diagnostics, Inc., a molecular diagnostics company, intends to manufacture and sell reagents used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules. It also intends to sell diagnostic equipment from other manufacturers as self-contained lab systems. The company was founded in 2013 and is headquartered in Salt Lake City, Utah.
Undervalued
Nuwellis Inc 🧙Revenue for the first quarter ended March 31, 2021, was $1.9 million, an increase of 18 percent compared to the prior-year period
Increased Aquadex therapy utilization amongst strategic Critical Care accounts; highest levels seen in the past five quarters
Enrolled first pediatric patient into the clinical registry in April 2021
Received strong endorsements for Category III CPT code application from two major medical societies
Ended the quarter with $27.9 million in cash and no debt
“Following our most recent $20.9 million capital raise with net proceeds of $18.9 million on March 19, 2021, Nuwellis is in a strong position to execute against our long-term strategic growth plan,”
Revenue growth in the first quarter of 2021 was primarily driven by increased capital equipment sales and strong utilization within Critical Care. The Company also continued to see increasing utilization among established pediatric accounts during the quarter.
Gross margin was 50.4% for the first quarter 2021, compared to 51.2% in the prior year period. The decline in gross margins was primarily due to strong sales of capital equipment.
Selling, general and administrative (“SG&A”) expenses for the first quarter of 2021 were $5.2 million, an increase of 15% compared to the prior-year period. The increase in SG&A was primarily due to the timing of non-recurring administrative expenses and continued investment in sales and marketing activities. Research and development (“R&D”) expenses in the first quarter of 2021 were $0.9 million, an increase of 10% compared to the prior-year period. The increase in R&D expenses was driven primarily by clinical expenditures related to the pediatric registry.
The net loss for the first quarter of 2021 was $5.2 million, compared to a net loss of $4.6 million in the prior-year period.
Cash and cash equivalents were $27.9 million with no debt as of March 31, 2021. During the first quarter of 2021, the Company used $5.4 million of cash in operations. The Company also completed a $20.9 million capital raise with net proceeds of $18.9 million on March 19, 2021.
Energy Transfer announced their merger with ENBL Worth $7BillionEnergy Transfer announced their merger with ENBL which overalls net worth was 2.7 Billion.
Rumors said it was completely undervalued as a company.
ET purchased them for $7 Billion.
Making the stock price of both of these companies undervalued.
by iCantw84it
ENBL stock price should more than Double by mid Year. Energy Transfer announced their merger with ENBL which overalls net worth was 2.7 Billion.
Rumors said it was completely undervalued as a company.
ET purchased them for $7 Billion.
Making the stock price of both of these companies undervalued.
by iCantw84it
Fantom FTM/USDTHello lovely people!
Long time no see!
Here we have possible Fantom breakout movement upwards.
- Nice looking Bull flag.
- Potential 100% move.
- Beautiful 63 day consolidation.
- After touching that weekly 20Ema (Yellow) bulls clearly took the lead
I still want to see that vertical resistance ( 2nd confirmation ) around 0,55 - 0,60 cent break out and candle close.
If you like my work give a like ;)
-Jebu
CREG Strong ConsolidationCREG, in the sector of energy, has in my opinion, consolidated at a price +/- 7$. The sector has a lot of potential and is extremely undervalued ($20M market cap when they have $100M in cash) and they recently completed and audited their 10-k application, which has amazing numbers. Here is a recap of their important numbers :
Cash : $107,8M (2020) vs $16,2M (2019), which is an increase of 565%!
Net income : $4,05M (2020) vs $-8,77M in losses (2019), an increase of 146%.
Stock holder's equity : $92,15M (2020) vs $78,63M (2019), an increase of 17%.
Book value : $29/share
Cash value : $34/share
This is not a recommandation nor am I a financial advisor. Do your own DDs, for me, it is a long term investment.
She’s too oversold and too far from the 200 dayWe will come fill this gap located at the rectangle. I can’t help but see this stock as heavily discounted and ready to make a move back to the upside.
LINK PERPLink currently forming a descending triangle on the hourly. Looking for a breakout to the upside.
Successful breakout and we will retest the top of the triangle (resistance line).
Wont be entering until theres a successful breakout. Take profit will be just below the resistance line - Will re-enter should we flip it to support
DERO possible upmove soonMy first post, so I am just testing ;) If you think it's worthwhile, press the like button!
Amazing self driving car technology buy opportunity You don’t want to miss out on this buy opportunity. Money will be funneling into this stock in the coming years. I believe this will be a large cap stock one day. This will provide over 100% returns in the mid-term. We are oversold on the stochastic and just touched the 200 day moving average. BUY BUY BUY 🖤
OGI Canadian Cannabis Gem Hop on the train quick today is offering some nice discounts on this undervalued stock. We will see $6-$8 in the next coming weeks/ months. Recently invested in by a tobacco company for about $173 million will allow them to expand their reach and will be getting into the CBD scene. Go luck y’all lmk what you guys think!
ASTI heavily discounted renewable energy stock I bought into this one after the election believing Joe potato head Biden would cause some parabolic movement. I picked up a few thousand shares for about .063 per share. Being now where it is I’m going to be buying another few thousand shares because we are way oversold on our stochastic and it’s undervalued. If the Democrats go through with their trash progressive energy reforms we may just be able to profit off of some of the tard legislation.
BAND Undervalued ? Ascending Triangle FormationBAND is another one of those coins that I feel is quite undervalued still, It is a cross chain data oracle for the web 3.
I see the importance and aim it takes for cross chain implementation is superior to LINK, especially with more ecosystems such as Binance Smart Chain, Huobi ECO, Polkadot, etc. The potential for BAND is much greater than LINK I believe.
With LINK sitting at a 17 Billion $ Market Cap, and BAND at a 500 MILLION $ Market Cap.
Even a 20x of Market Cap would have BAND sitting at a 10 Billion $ MC, meaning a price of almost 400$. Fundamentally speaking this is one of the coins I suggest having in your portfolio if anything, for the MID-LONG term.
Technical analysis side shows BAND following an ascending triangle pattern on the 1D chart, It is about break above the 20$ resistance level which has acted as resistance previously (two red arrows indicating it).
Maybe a scenario displayed by the blue path line could be the playout in the short term potentially (could play out much earlier though with current market sentiment), ideally I would like to see a break above the 20$ resistance and a run up to 25$ - 30$, before it comes back down to confirm a S/R flip.
Thanks for reading!
XRP We Might Even Go ParabolicAfter we break above blue resistence line from where we got rejected two time already. At that point I honestly believe we could just go parabolic after a complete brake through and maybe a retest of that line. It is a pure speculation but we have to take such price movements into a consideration as XRP price is well undervalued for more than 3 months now.
All the weak hands are shaken out at this point, also sec lawsuit has been much more explained in detail by now, that it does not effect current xrp sales, only sales of xrp that have been done by Ripple between 2012-13 so that is another reason why go parabolic in the next few days/weeks as exchanges will start to relist it.
Price could react as it reaches to 0.618 and 0.786 fib. retracement level, which could get back tested once again.
I am not a financial advisor so don't buy anything that a say.
BITSTAMP:XRPUSD
🔥 EOS Severely Undervalued: Weekly AnalysisAfter the Corona Crisis in March 2020 around 80% of crypto value evaporated in a two week time span. After the massive dip, retail- and institutional investors alike started to buy crypto (and other assets) with everything they had, which brings us to today.
Nearly every crypto has at least done a x10 in the past year, some even a x150 or more. Even Bitcoin, the largest of them all, has made a x20 from its March 2020 lows. Every crypto mooned, apart from one.
EOS has only gained 200% since its lows from the Corona Crisis, which makes it one of the worst performing large cap cryptos, lagging severely behind the rest of the market.
Why would now be a good time to step in? The resistance from right before the Corona Crisis got broken today, giving EOS a lot of bullish momentum. For reference, for Bitcoin this resistance was located at 10.5k and broke last July. BTC went x6 since then.
Be aware this is a long term trade, especially the further targets might take a while to reach.
Buy: 5.7 - 4.7
Target: 8.7 - 10 - 14.5
Stop: 4
Happy trading!
ATFL- Rekha Jhunjhunwala Portfolio Stock.Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In the limelight today we have Rekha jhunjhunwala. Her net worth is over Rs . 3,861.1 Cr .
She is the co-owner of the company 'RARE Enterprises' with her husband Rakesh jhunjhunwala. The name of the company is derived from the initials of the joint owners,'Ra' from Rakesh and 'Re' for Rekha. It seems like the company name is the only place where is she given equal opportunity of merit whereas on Google and Wikipedia they have not given her any digital space of her own. I guess history will see down, yet another mysterious woman whose story could have benefited thousands if not millions, go undiscovered and unexplored. Holding% - 3.28%
Agro Tech Foods Ltd. is a holding company, which engages in the provision of edible oils and processed food products. It offers products under the following brands: Sundrop Oils, ACT II Popcorn, Sundrop Peanut Butter, Crystal, ACT II Nachoz, ACT II Bakes, Sundrops Pnutz, and Diet Pop.
*Company with Zero Promoter Pledge
*Book Value per share Improving for last 2 years
*MFs decreased their shareholding last quarter
*Inefficient use of shareholder funds - ROE declining in the last 2 years
for more you can check the stock out on trendlyne.com/fundamentals/financials/125/ATFL/agro-tech-foods-ltd/
Sources credit:
Trendlyne
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation Band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ZKIN to Attack all time high!ZKIN, a pretty unknown stock as I would consider has made over 600% gains since my first bullish analysis at $2 per share, as now it's being trade above $12 per share!
ZKIN, a stock that has few days ago traded in Dollar value higher than:
- Walmart
- Starbucks
- McDonalds
- Ford Motors
- Coca Cola
- Twitter
and all major Covid vaccination companies!
Also, this company has currently gotten into NFT's recently as it's connected with blockchain.
From a technical perspective, the price action has formed an ascending triangle which has bias to break to the upside, potentially retesting the all time high at $16 per share!
MACD however is pretty overextended and is pointing towards a correction to 20 EMA to $10 before a move to bespoke resistance at $16.
The price can fall slightly below $9.00 without impacting the overall uptrend, where 50 EMA with uptrend line support are both located.
My outlook is bullish with no technical reason for a trend change!
Good luck!