Should You Be Concerned About This Stock? Mitel Networks Corporation (MITL)

Mitel Networks Corporation (MITL) STOCK PRICE MOVEMENT:

VOLATILITY FACTOR: The stock remained 0.98% volatile in last week and indicated 2.53% volatility in previous month. The Company’s beta coefficient sits at 2.49. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk. ATR value of 0.28 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges.

Mitel Networks Corporation (MITL) received negative focus in Friday trading session. The stock has performed -0.09% and it registered share value at $11.15 in recent trade transaction. At present, the stock price sited at -1.41% from the 52 week high and situated at 79.55% from 52 week low. 3696732 shares traded on hands while it’s an average volume stands with 2044.85K shares.

PROFITABILITY RATIOS: The company’s net profit margin is -4.70%. It measures how much out of every dollar of sales a company actually keeps in earnings. Gross Margin is observed at 54.70% and Operating Margin is seen at -4.70%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets, is -3.60%. Return on Equity (ROE) is -14.60% and Return on Investment (ROI) is -3.30%.

MARKET CAPITALIZATION AND VALAATION INDICATORS:

Mitel Networks Corporation (MITL) is Canada based company. Currently it has a market worth of $1354.28M. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is standing at 9.84. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. P/S ratio of 1.28 reflects the value placed on sales by the market. P/B ratio is 3.87. P/B is used to compare a stock’s market value to its book value.

PERFORMANCE WATCH:

Mitel Networks Corporation (MITL) has year to date performance of 35.48% and weekly performance of 10.62%. The stock has been moved at 27.57% over the last six months and 57.71% throughout last twelve months. The stock has performed 20.54% around last thirty days, and changed 23.89% over the last three months.

ANALYSTS VIEWS: The current analyst consensus rating clocked at 2.1 on company shares based on data provided from FINVIZ. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Analysts expected the stock to attain $12.08 price in coming 52-week period.

TECHNICAL OBSERVATION:

The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings. Now MITL has RSI reading of 79.58.

Jose Tuttle

About Jose Tuttle

Jose Tuttle joined the mostvolatilestocks.com, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Jose is the Senior Editor for mostvolatilestocks.com and market movers section. He also holds an MBA from Penn State University He has two daughter and two children.

View all posts by Jose Tuttle →

Leave a Reply

Your email address will not be published. Required fields are marked *