Triterras Inc (TRIT:NSD) Analysts rate as a Buy

According to the projections made by 5 market experts regarding the Triterras Inc stock (trit stock), the average analyst target price for the Triterras Inc stock (trit stock) over the next 12 months is $10.60 per share. The consensus recommendation among analysts for Triterras Inc (trit stock) is a Buy. Stock Very Bearish sums up the stock forecast for Triterras Inc (trit stock) provided by Target Advisor. This evaluation was arrived at after considering 0 positive signals and 3 negative signals.

Triterras, Inc., a leading fintech company, specialises in both international trade and trade financing. It is responsible for the establishment and operation of KratosTM, which is one of the largest commodity trading and trade financing platforms in the world. This platform brings together and enables commodity traders to conduct business online while also connecting them to lenders who can provide funding.

What we like:

There is no fundamental attribute that we can detect on the stock that would warrant a positive outlook. The stock is a pure speculative play!

What we don’t like:

Poor risk adjusted returns

This company’s risk-adjusted returns are significantly lower than the median of its competitors. Even if it is outperforming other investments in terms of returns, the returns are still uncertain. Take care as you move forward.

High degree of uncertainty

Over the past five years, this company’s total returns have been highly volatile and have consistently been above the industry median. Check that you are willing to take on the level of risk that such a stock requires before investing in it.

dividend yields that are below the median

The average income yield of the company over the past five years has been significantly lower than that of its competitors. If you are not interested in earning money, this will not be a problem for you.

Triterras Inc. (TRIT:NSD) Stock is showing 3 bearish signals

Based on the Triterras Inc stock (trit stock) forecasts from 2 analysts, the average analyst target price for Triterras Inc (trit stock) is $13.50 over the next 12 months. Triterras Inc’s (trit stock) average analyst rating is Neutral . Stock Target Advisor’s own stock analysis of Triterras Inc (trit stock) is Very Bearish, which is based on 0 positive signals and 3 negative signals.

What we like:

There is no fundamental attribute that we can detect on the stock that would warrant a positive outlook. The stock is a pure speculative play!

 

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.