Perimeter Medical Imaging Stock Today
| PINK Stock | CAD 0.49 0.03 5.77% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Perimeter Medical is selling for under 0.49 as of the 4th of May 2024; that is -5.77 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.49. Perimeter Medical has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Perimeter Medical Imaging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Perimeter Medical Imaging AI, Inc., a medical technology company, develops and commercializes advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure. Perimeter Medical Imaging AI, Inc. The company has 65.05 M outstanding shares of which 1.57 K shares are at this time shorted by private and institutional investors with about 0.09 days to cover all short positions. More on Perimeter Medical Imaging
Moving against Perimeter Stock
| 0.71 | MNT | Royal Canadian Mint | PairCorr |
| 0.7 | BFM | Bedford Metals Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Perimeter Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Perimeter Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Perimeter Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Adrian Mendes | ||||
| Thematic Idea | Drugs (View all Themes) | ||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Drugs, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | ||||
Perimeter Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Perimeter Medical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Perimeter Medical's financial leverage. It provides some insight into what part of Perimeter Medical's total assets is financed by creditors.
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Perimeter Medical Imaging (PINK) is traded on TSX Venture Exchange in Canada and employs 10 people. Perimeter Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Perimeter Medical's market, we take the total number of its shares issued and multiply it by Perimeter Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Perimeter Medical Imaging operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 65.05 M outstanding shares of which 1.57 K shares are at this time shorted by private and institutional investors with about 0.09 days to cover all short positions.
Perimeter Medical Imaging has accumulated about 17.44 M in cash with (19.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39.
Check Perimeter Medical Probability Of Bankruptcy
Ownership AllocationPerimeter Medical Imaging has a total of 65.05 Million outstanding shares. Roughly 74.0 pct. of Perimeter Medical outstanding shares are held by general public with 0.62 % owned by insiders and only 25.3 (%) by third-party entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Perimeter Ownership Details
Perimeter Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Perimeter Medical jumping above the current price in 90 days from now is close to 99%. The Perimeter Medical Imaging probability density function shows the probability of Perimeter Medical stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.2927 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Perimeter Medical will likely underperform. Additionally, perimeter Medical Imaging has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Perimeter Medical to move above the current price in 90 days from now is close to 99 (This Perimeter Medical Imaging probability density function shows the probability of Perimeter Stock to fall within a particular range of prices over 90 days) .
Perimeter Medical Imaging Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Perimeter Medical market risk premium is the additional return an investor will receive from holding Perimeter Medical long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Perimeter Medical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Perimeter Medical's alpha and beta are two of the key measurements used to evaluate Perimeter Medical's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.94 | |||
| Standard Deviation | 4.43 | |||
| Variance | 19.61 | |||
| Risk Adjusted Performance | (0.14) |
Perimeter Stock Against Markets
Picking the right benchmark for Perimeter Medical stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Perimeter Medical stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Perimeter Medical is critical whether you are bullish or bearish towards Perimeter Medical Imaging at a given time. Please also check how Perimeter Medical's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Perimeter Medical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Perimeter Medical Corporate Management
Elected by the shareholders, the Perimeter Medical's board of directors comprises two types of representatives: Perimeter Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Perimeter. The board's role is to monitor Perimeter Medical's management team and ensure that shareholders' interests are well served. Perimeter Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Perimeter Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Merle Boon | Chief Officer | Profile | |
| Rochelle Keen | Head Programs | Profile | |
| Adam Hodges | Vice Marketing | Profile | |
| Christopher Scott | Chief Officer | Profile | |
| Vladimir Pekar | Head Devel | Profile | |
| Jeremy Sobotta | Pres CEO | Profile |
How to buy Perimeter Stock?
Before investing in Perimeter Medical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Perimeter Medical. To buy Perimeter Medical stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Perimeter Medical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Perimeter Medical stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Perimeter Medical Imaging stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Perimeter Medical Imaging stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Perimeter Medical Imaging, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Perimeter Medical Imaging?
The danger of trading Perimeter Medical Imaging is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Perimeter Medical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Perimeter Medical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Perimeter Medical Imaging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Medical Imaging. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Perimeter Stock analysis
When running Perimeter Medical's price analysis, check to measure Perimeter Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perimeter Medical is operating at the current time. Most of Perimeter Medical's value examination focuses on studying past and present price action to predict the probability of Perimeter Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perimeter Medical's price. Additionally, you may evaluate how the addition of Perimeter Medical to your portfolios can decrease your overall portfolio volatility.
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