Additionally, the 36-month beta value for BCAN is 1.13.
The public float for BCAN is 0.41M and currently, short sellers hold a 4.31% ratio of that float. The average trading volume of BCAN on August 27, 2024 was 23.77K shares.
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BCAN) stock’s latest price update
The stock of Femto Technologies Inc. (NASDAQ: BCAN) has decreased by -7.86 when compared to last closing price of 9.04.Despite this, the company has seen a loss of -4.85% in its stock price over the last five trading days. accesswire.com reported 2024-03-18 that NEW YORK, NY / ACCESSWIRE / March 18, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $7.0 Million Underwritten Public Offering for BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN). About BYND Cannasoft Enterprises Inc. BYND Cannasoft Enterprises Inc., through its subsidiaries, develops, markets, and sells proprietary client relationship management software products in Israel.
BCAN’s Market Performance
BCAN’s stock has fallen by -4.85% in the past week, with a monthly drop of -20.95% and a quarterly drop of -44.65%. The volatility ratio for the week is 10.76% while the volatility levels for the last 30 days are 10.23% for Femto Technologies Inc. The simple moving average for the past 20 days is -8.19% for BCAN’s stock, with a -98.68% simple moving average for the past 200 days.
BCAN Trading at -17.70% from the 50-Day Moving Average
After a stumble in the market that brought BCAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.82% of loss for the given period.
Volatility was left at 10.23%, however, over the last 30 days, the volatility rate increased by 10.76%, as shares sank -19.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.89% lower at present.
During the last 5 trading sessions, BCAN fell by -4.85%, which changed the moving average for the period of 200-days by -99.65% in comparison to the 20-day moving average, which settled at $8.9700. In addition, Femto Technologies Inc. saw -99.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BCAN
Current profitability levels for the company are sitting at:
- 37.22 for the present operating margin
- 0.15 for the gross margin
The net margin for Femto Technologies Inc. stands at -50.12. The total capital return value is set at 0.85. Equity return is now at value -166.49, with -104.86 for asset returns.
Based on Femto Technologies Inc. (BCAN), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -58.36. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 3580.52.
Currently, EBITDA for the company is 8.05 million with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of -1.59. The receivables turnover for the company is 5.57for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.28.
Conclusion
In conclusion, Femto Technologies Inc. (BCAN) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
