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1 Comment
ReadCloud Limited is currently in a long term downtrend where the price is trading 27.6% below its 200 day moving average.
From a valuation standpoint, the stock is 92.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 5.3.
ReadCloud Limited's total revenue rose by 11.1% to $3M since the same quarter in the previous year.
Its net income has increased by 4.2% to $-1M since the same quarter in the previous year.
Finally, its free cash flow grew by 59.9% to $-415K since the same quarter in the previous year.
Based on the above factors, ReadCloud Limited gets an overall score of 4/5.
Exchange | AU |
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CurrencyCode | AUD |
ISIN | AU000000RCL0 |
Industry | Software - Application |
Sector | Technology |
Target Price | 0.35 |
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Beta | 1.73 |
Market Cap | 16M |
PE Ratio | None |
Dividend Yield | None |
ReadCloud Limited provides eLearning software and industry-based training solutions to schools and educational institutions in Australia. The company offers eBook platform that delivers digital content to students and teachers with the ability to make commentary in and import third party content into eBooks. It also allows students and teachers to share notes, questions, videos, and web links directly inside the eBooks turning the eBook into a place for discussion, collaboration, and social learning. In addition, the company's ReadCloudVET enables the delivery of approximately 50 qualifications across specialist registered training organizations (RTOs) in vocational education and training in schools. Further, it provides Southern Solutions Training Services, an RTO that delivers training models in the workplace environment for 14 qualifications, such as early childhood education and care, business, aged care, hospitality, logistics, and real estate. ReadCloud Limited was incorporated in 2009 and is headquartered in Brighton, Australia.
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