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.