Abaxx Technologies Inc

Company Profile

Abaxx Technologies Inc had its IPO on under the ticker symbol ABXXF.

The company operates in the Technology sector and Software-Application industry. Abaxx Technologies Inc has a staff strength of 0 employees.

Stock update

Shares of Abaxx Technologies Inc opened at $5.45 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.32 - $5.6, and closed at $5.32.

This is a -2.21% slip from the previous day's closing price.

A total volume of 10,871 shares were traded at the close of the day’s session.

In the last one week, shares of Abaxx Technologies Inc have slipped by -6.17%.

Abaxx Technologies Inc's Key Ratios

Abaxx Technologies Inc has a market cap of $158.14 million, indicating a price to book ratio of 11.8547 and a price to sales ratio of 0.

In the last 12-months Abaxx Technologies Inc’s revenue was $0 with a gross profit of $-2110839 and an EBITDA of $0. The EBITDA ratio measures Abaxx Technologies Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Abaxx Technologies Inc’s operating margin was 0% while its return on assets stood at -43.25% with a return of equity of -72.89%.

In Q3, Abaxx Technologies Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Abaxx Technologies Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.17 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Abaxx Technologies Inc’s profitability.

Abaxx Technologies Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -9.0566. Its price to sales ratio in the trailing 12-months stood at 0.

Abaxx Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$16.87 million

Total Liabilities

$2.31 million

Operating Cash Flow

$903912.00

Capital Expenditure

$0

Dividend Payout Ratio

0%

Abaxx Technologies Inc ended 2024 with $16.87 million in total assets and $0 in total liabilities. Its intangible assets were valued at $16.87 million while shareholder equity stood at $17.76 million.

Abaxx Technologies Inc ended 2024 with $0 in deferred long-term liabilities, $2.31 million in other current liabilities, 60144538.00 in common stock, $-52439141.00 in retained earnings and $0 in goodwill. Its cash balance stood at $5.23 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Abaxx Technologies Inc’s total current assets stands at $14.98 million while long-term investments were $1.89 million and short-term investments were $7.49 million. Its net receivables were $1.70 million compared to accounts payable of $2.31 million and inventory worth $0.

In 2024, Abaxx Technologies Inc's operating cash flow was $903912.00 while its capital expenditure stood at $0.

Comparatively, Abaxx Technologies Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$5.32

52-Week High

$2.41

52-Week Low

$0.665

Analyst Target Price

$

Abaxx Technologies Inc stock is currently trading at $5.32 per share. It touched a 52-week high of $2.41 and a 52-week low of $2.41. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $5.53 and 200-day moving average was $5.69 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1838.5% of the company’s stock are held by insiders while 268.5% are held by institutions.