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.