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Novacon Technology Group Limited is currently in a long term uptrend where the price is trading 12.7% above its 200 day moving average.
From a valuation standpoint, the stock is 71.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.0.
Novacon Technology Group Limited's total revenue sank by 4.7% to $10M since the same quarter in the previous year.
Its net income has increased by 176.3% to $3M since the same quarter in the previous year.
Finally, its free cash flow grew by 156.6% to $10M since the same quarter in the previous year.
Based on the above factors, Novacon Technology Group Limited gets an overall score of 4/5.
| ISIN | KYG6673A1031 |
|---|---|
| Exchange | HK |
| CurrencyCode | HKD |
| Industry | Software-Application |
| Sector | Technology |
| Target Price | None |
|---|---|
| PE Ratio | 21.0 |
| Dividend Yield | 0.4% |
| Beta | 0.18 |
| Market Cap | 252M |
Novacon Technology Group Limited, an investment holding company, engages in the development and provision of financial trading solutions. Its financial trading solution includes AUTON, a trading terminal; GES TX, a trading system for trading OTC-traded financial instruments; GES EX, a trading system for trading stock exchange-traded financial instruments; Xentrix, a back-office settlement system; and GES IX, a fund management system. The company also provides licensing and maintenance services; initial set up and customization services; and system protection and hosting services, as well as sells computer hardware and software. In addition, it is involved in the development and supply of resource allocation, planning, scheduling, and management of software and services; and property investment activities. It serves financial institutions, including brokerage firms and wealth management companies in Hong Kong, Indonesia, Malaysia, Belize, Japan, Cyprus, Australia, and internationally. Novacon Technology Group Limited was founded in 2006 and is headquartered in Kwun Tong, Hong Kong.
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