-
1 Comment
Risecomm Group Holdings Limited is currently in a long term downtrend where the price is trading 52.2% below its 200 day moving average.
From a valuation standpoint, the stock is 68.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.1.
Risecomm Group Holdings Limited's total revenue sank by 71.2% to $37M since the same quarter in the previous year.
Its net income has increased by 71.2% to $-56M since the same quarter in the previous year.
Finally, its free cash flow fell by 248.1% to $-13M since the same quarter in the previous year.
Based on the above factors, Risecomm Group Holdings Limited gets an overall score of 2/5.
| Sector | Technology |
|---|---|
| Industry | Semiconductors |
| ISIN | KYG7573R1056 |
| CurrencyCode | HKD |
| Exchange | HK |
| Dividend Yield | 0.0% |
|---|---|
| Beta | -0.6 |
| Target Price | None |
| Market Cap | 204M |
| PE Ratio | None |
Risecomm Group Holdings Limited, an investment holding company, designs and develops application-specific integrated circuits (ASICs) in the People's Republic of China. It operates through two segments, Automated Meter Reading (AMR) and Other Business; and Smart Manufacturing & Industrial Automation System (SMIA) Business. The AMR Business segment designs, develops, and sells power-line communication products; energy saving products; and environmental protection products and solutions that are used in streetlight control, building energy management, photovoltaic power management, etc. This segment also provides maintenance services in connection with the deployment and upgrading of AMR systems by power grid companies. The SMIA Business segment sells software license, production safety products, and construction contracts, as well as provides software post-contract customer support services, including smart manufacturing and industrial automation system. Risecomm Group Holdings Limited was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 1679.HK using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
