AVCN:CA:TSX-Avicanna Inc (CAD)

COMMON STOCK | Drug Manufacturers-Specialty & Generic | TSX

Last Closing Price

CAD 0.88

Change

+0.03 (+2.94)%

Market Cap

CAD 0.03B

Volume

0.12M

Avg Analyst Target

CAD 0.70 (-20.00%)

Avg User Target

CAD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict


Avicanna Inc (AVCN) Stock Analysis:
Based on the Avicanna Inc stock forecasts from 1 analysts, the average analyst target price for Avicanna Inc is CAD 0.70 over the next 12 months. Avicanna Inc’s average analyst rating is Sell. Stock Target Advisor’s own stock analysis of Avicanna Inc is Bearish, which is based on 1 positive signals and 6 negative signals. At the last closing, Avicanna Inc’s stock price was CAD 0.88. Avicanna Inc’s stock price has changed by +0.18 % over the past week, +0.12 % over the past month and -2.78 % over the last year.

About

Avicanna Inc., a biopharmaceutical company, develops and sells plant-derived cannabinoid-based products in North and South America. The company provides medical and wellness products, such as oral, sublingual, topical, and transdermal deliveries under the RHO Phyto brand; functio ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-12-03 )

Largest Industry Peers for Drug Manufacturers-Specialty & Generic

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BHC:CA Bausch Health Companies Inc

+0.41 (+1.36%)

CAD11.42B N/A 23.78
TLRY:CA Tilray Inc

-0.74 (-6.07%)

CAD5.97B N/A N/A
WEED:CA Canopy Growth Corporation

-0.43 (-3.24%)

CAD5.55B N/A N/A
APHA:CA Aphria Inc

N/A

CAD4.44B 57.08 598.01
CRON:CA Cronos Group Inc

-0.32 (-5.65%)

CAD2.11B 46.76 N/A
ACB:CA Aurora Cannabis Inc

-0.43 (-5.46%)

CAD1.63B 1,171.00 N/A
OGI:CA OrganiGram Holdings Inc

-0.16 (-6.40%)

CAD0.78B -99,999.99 N/A
GUD:CA Knight Therapeutics Inc

-0.04 (-0.76%)

CAD0.65B 20.84 7.08
HLS:CA HLS Therapeutics Inc

-0.39 (-2.57%)

CAD0.49B N/A 24.74
TH:CA Theratechnologies Inc

-0.16 (-3.93%)

CAD0.40B 954.70 80.88

ETFs Containing AVCN:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Drug Manufacturers-Specialty & Generic)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -33.21% 44% F 7% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -33.21% 44% F 7% F
Trailing 12 Months  
Capital Gain -2.78% 68% D+ 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -2.78% 68% D+ 19% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -9.54% 32% F 5% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -9.54% 32% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 14.56% 92% A- 61% D-
Risk Adjusted Return -65.51% 16% F 2% F
Market Capitalization 0.03B 16% F 14% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Drug Manufacturers-Specialty & Generic)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio -99,999.99 89% B+ 99% A+
Price/Book Ratio 8.37 13% F 9% F
Price / Cash Flow Ratio -2.30 43% F 80% B-
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -147.57% 20% F 5% F
Return on Invested Capital -173.76% 7% F 1% F
Return on Assets -27.26% 20% F 5% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.29 88% B+ 74% C
Short Percent 0.02% 96% A 92% A-
Beta 2.15 17% F 9% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
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.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

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

Negative earnings

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