Last Updated: 19 Sep 2024
Executive Summary
180 Degree Capital Corp (TURN) is a technology company with a market capitalization of $33.5 million. The company has been reporting losses in recent quarters, with an EBITDA of -$3.8 million and an EPS of -$1.72 in the latest quarter. The company's revenue growth has been positive, with a quarterly growth of 1.5% year-over-year. The stock price is currently trading at $3.35, below its 52-week high of $4.469.
Company Overview
180 Degree Capital Corp is a technology company that provides software and services to the financial industry. The company's products include a cloud-based platform for managing and automating financial operations, a data analytics platform, and a suite of risk management tools. The company's customers include banks, hedge funds, and other financial institutions.
Fundamental Analysis
The company's financial performance has been weak in recent quarters. The company has reported losses in the last four quarters, with an EBITDA of -$3.8 million and an EPS of -$1.72 in the latest quarter. The company's revenue growth has been positive, with a quarterly growth of 1.5% year-over-year. The company's gross profit margin is 65%, and its operating margin is -15.36%. The company's return on assets is -0.0441%, and its return on equity is -0.32%.
Technical Analysis
The stock price is currently trading at $3.35, below its 52-week high of $4.469. The stock has been in a downtrend since early 2023. The 50-day moving average is $3.437, and the 200-day moving average is $3.85. The relative strength index (RSI) is 35.36, indicating that the stock is oversold.
Short Term Outlook
The technical analysis suggests that the stock is likely to continue to trade in a downtrend in the short term. The stock is below its 50-day and 200-day moving averages, and the RSI is oversold. The stock is likely to test its 52-week low of $3.31 in the near term.
Long Term Outlook
The long-term outlook for the stock is uncertain. The company's financial performance has been weak in recent quarters, and the stock price has been in a downtrend. However, the company's revenue growth has been positive, and the stock is trading at a discount to its book value. The stock could be a good long-term investment if the company can improve its financial performance.
Analyst Recommendations
Analysts have a mixed view on the stock. Some analysts believe that the stock is undervalued and has a good long-term outlook. Other analysts believe that the stock is overvalued and is likely to continue to trade in a downtrend. The consensus analyst rating is "hold".
