-
1 Comment
Avicanna Inc is currently in a long term downtrend where the price is trading 0.1% below its 200 day moving average.
From a valuation standpoint, the stock is 98.6% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 13.8.
Avicanna Inc's total revenue rose by 17742.5% to $882K since the same quarter in the previous year.
Its net income has dropped by 10.1% to $-7M since the same quarter in the previous year.
Finally, its free cash flow grew by 26.3% to $-6M since the same quarter in the previous year.
Based on the above factors, Avicanna Inc gets an overall score of 3/5.
Sector | Healthcare |
---|---|
ISIN | CA05368K1003 |
CurrencyCode | CAD |
Exchange | TO |
Industry | Drug Manufacturers-Specialty & Generic |
Market Cap | 33M |
---|---|
Dividend Yield | 0.0% |
Target Price | 0.7 |
Beta | 1.93 |
PE Ratio | None |
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide. The company collaborates with Canadian academic and medical institutions. Its scientific platform includes research and development, and clinical development that leads to the commercialization of approximately twenty products across four main market segments. The company provides medical and wellness products containing cannabidiol, cannabigerol, and tetrahydrocannabinol under the RHO Phyto brand; functional CBD consumer derma-cosmetic and topical products under the Pura H&W and Pura Earth brand names; and cannabis dried flowers, standardized seeds, full spectrum extracts, cannabinoid distillates, isolated cannabinoids, and bulk formulations derived from hemp and cannabis cultivars under the Aureus brand. It also develops pharmaceutical products for epidermolysis bullosa, dermatology, chronic pain, and various neurological disorders. The company has research collaboration with Dr. Christine Allen'sResearch Group for the development of a cannabinoid-based treatment for lung inflammation associated with COVID19. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for AVCN.TO 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