By tracking previous views Rennova Health, Inc. (NASDAQ:RNVA) also in plain sight to attract passive investors, shares in most recent trading session knocking up -11.87% after traded at $0.13. For trailing twelve months, RNVA attains gross profit margin of 54.50%, that are showing consistency of trends in firm’s earnings. While to figure out more clear vision, firm’s returns on investment calculated as -334.80%; it gives answer about efficiency of different investments in different securities.
The firm has noticeable volatility credentials, price volatility of stock was 61.25% for a week and 32.19% for a month. The performance of firm for the quarter recorded as -37.50% and for year stands at -92.65%, while the YTD performance was -88.89%. The co attains 0.04 for Average True Range for 14 days. The stock price of RNVA is moving up from its 20 days moving average with 20.33% and isolated positively from 50 days moving average with 0.92%.
Quantum Corporation (NYSE:QTM) persists its position slightly strong in context of buying side, while shares price are surging -1.51% during latest trading session.
Profitability Ratio Analysis; to measure firm’s performance and profitability, we focus on ordinary profitability ratio, QTM has gross profit margin of 43.50% for trailing twelve months and operating margin is calculated as -9.10%, these are a better detectors to find consistency or positive/negative trends in a firm’s earnings. Following in trace line, returns on investment amplify the findings, the firm’s ROI concludes as -835.50%; it gives idea for personal financial decisions, to compare a firm’s profitability or to compare the efficiency of different investments. The returns on assets of firm also on noticeable level, it has ROA of -22.50%, which signifies how profitable a firm is relative to its total assets.
To make strengthen this views, the active industry firm has Quick Ratio of 0.80, which indicates firm has sufficient short-term assets to cover its immediate liabilities. Taking notice on volatility measures, price volatility of stock was 6.12% for a week and 5.34% for a month.
