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Redline Communications Group Inc is currently in a long term uptrend where the price is trading 12.6% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.4.
Redline Communications Group Inc's total revenue sank by 6.6% to $5M since the same quarter in the previous year.
Its net income has dropped by 24.5% to $-2M since the same quarter in the previous year.
Finally, its free cash flow grew by 114.7% to $244K since the same quarter in the previous year.
Based on the above factors, Redline Communications Group Inc gets an overall score of 3/5.
Exchange | TO |
---|---|
ISIN | CA7576374002 |
Sector | Technology |
Industry | Communication Equipment |
CurrencyCode | CAD |
Dividend Yield | 0.0% |
---|---|
Market Cap | 15M |
PE Ratio | None |
Target Price | 1.15 |
Beta | 0.76 |
Redline Communications Group Inc., together with its subsidiaries, develops broadband fixed wireless base stations, subscriber stations, and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. It operates through Hardware and Software, Professional Services and 3rd Party Equipment, and Maintenance and Support segments. The company offers Ellipse, a series of base stations; Edge and Elte wireless terminals; Enterprise, a wireless customer premise equipment; RAS-Elite, a portable auto-acquire outdoor wireless solution; RAS-Extend, a mechanical auto tracking system; RDL-3000 connect series of remote terminals; PoE, an industrial grade power injector; and FlexCore, an EPC software. It also provides FlexTALK, a push-to-talk solution; and ClearView NMS, a network management software, as well as antennas, cables, mounting kits, POE power injectors, and surge protectors. In addition, the company offers RF planning and site survey, 4G and 5G mobile network design and optimization, deployment and resident engineering, wireless network performance audit, and program and project management services. It serves oil and gas, mining, utilities, transportation, government, military, and telecom service provider markets through regional distributors, channel partners, and systems integrators. The company has operations in the Americas, the Middle East, Europe, Africa, and the Asia Pacific. Redline Communications Group Inc. was founded in 1999 and is headquartered in Markham, Canada.
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