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Novoray Corporation is currently in a long term uptrend where the price is trading 29.2% above its 200 day moving average.
From a valuation standpoint, the stock is 196.4% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 11.9.
Novoray Corporation's total revenue rose by 21.8% to $108M since the same quarter in the previous year.
Its net income has increased by 32.1% to $28M since the same quarter in the previous year.
Finally, its free cash flow grew by 134.4% to $25M since the same quarter in the previous year.
Based on the above factors, Novoray Corporation gets an overall score of 4/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100003PN0 |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Dividend Yield | None |
|---|---|
| Market Cap | 10B |
| Beta | 0.94 |
| PE Ratio | 41.33 |
Novoray Corporation provides industrial powder materials for various applications in China and internationally. The company offers crystalline silica powder, fused silica powder, soft composite silica powder, round corner crystalline silica powder, spherical silica powder, spherical aluminum oxide powder, sub-micron spherical silica powder, and acicular powder. It serves electronic materials, electrical insulating materials, ceramics, precision casting, paints and coatings, silicon rubber, functional rubber, plastics, and building materials manufacturing industries. Novoray Corporation was founded in 2002 and is based in Lianyungang, China.
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