Nexoptic Technology Corp (NXO:TSV) STA Research starts with a Top Speculative Buy

STA Research assigns Nexoptic Technology Corp with a Speculative Buy rating, and a 12 month target forecast of .40 cents per share.

Based on the Nexoptic Technology Corp stock (nxo stock price) forecasts from 0 analysts, the average analyst target price for Nexoptic Technology Corp (nxo stock price) is not available over the next 12 months. Nexoptic Technology Corp’s average analyst rating is . Stock Target Advisor’s own stock analysis of Nexoptic Technology Corp is Bullish , which is based on 6 positive signals and 1 negative signals. At the last closing, Nexoptic Technology Corp’s stock price was CAD 0.10. Nexoptic Technology Corp’s stock price has changed by -0.03% over the past week, -0.10% over the past month and -68.33% over the last year.

Technology firm NexOptic Technology Corp. creates and finances optical and lens technologies. It works on creating mobile lens products, WideTake, a wide-angle and telephoto camera that allows almost instantaneous spotting and zooming, and All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solutions that analyzes raw photos and video in real time. Elissa Resources Ltd. was the company’s previous name before it was changed to NexOptic Technology Corp. in February 2016. Vancouver, Canada serves as the corporate headquarters of NexOptic Technology Corp. Location: 409 Granville Street, Vancouver, British Columbia, Canada, V6C 1T2

 

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

 

What we don’t like:

Negative cashflow

The company had negative total cash flow in the most recent four quarters.