Pennexx Foods Inc

Company Profile

Pennexx Foods Inc had its IPO on under the ticker symbol PNNX.

The company operates in the Technology sector and Software-Application industry. Pennexx Foods Inc has a staff strength of 269 employees.

Stock update

Shares of Pennexx Foods Inc opened at $0.06 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.06 - $0.06, and closed at $0.06.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Pennexx Foods Inc have increased by +3.7%.

Pennexx Foods Inc's Key Ratios

Pennexx Foods Inc has a market cap of $1.90 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.0297.

In the last 12-months Pennexx Foods Inc’s revenue was $50.55 million with a gross profit of $-142491 and an EBITDA of $-10309153. The EBITDA ratio measures Pennexx Foods Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Pennexx Foods Inc’s operating margin was -22.49% while its return on assets stood at -50.99% with a return of equity of -638.4%.

In Q1, Pennexx Foods Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 17%.

Pennexx Foods Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.454 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 Pennexx Foods Inc’s profitability.

Pennexx Foods Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.0297.

Pennexx Foods 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

$17.01 million

Total Liabilities

$16.83 million

Operating Cash Flow

$-2944567.00

Capital Expenditure

$353639

Dividend Payout Ratio

0%

Pennexx Foods Inc ended 2024 with $17.01 million in total assets and $0 in total liabilities. Its intangible assets were valued at $17.01 million while shareholder equity stood at $-173221.00.

Pennexx Foods Inc ended 2024 with $0.00 in deferred long-term liabilities, $16.83 million in other current liabilities, 317249.00 in common stock, $-20097867.00 in retained earnings and $0.00 in goodwill. Its cash balance stood at $327756.00 and cash and short-term investments were $0. The company’s total short-term debt was $11,280,182 while long-term debt stood at $143638.81.

Pennexx Foods Inc’s total current assets stands at $5.61 million while long-term investments were $0.00 and short-term investments were $0.00. Its net receivables were $2.52 million compared to accounts payable of $4.45 million and inventory worth $2.12 million.

In 2024, Pennexx Foods Inc's operating cash flow was $-2944567.00 while its capital expenditure stood at $353639.

Comparatively, Pennexx Foods Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.06

52-Week High

$0.144

52-Week Low

$0.039

Analyst Target Price

$

Pennexx Foods Inc stock is currently trading at $0.06 per share. It touched a 52-week high of $0.144 and a 52-week low of $0.144. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.06 and 200-day moving average was $0.07 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0.3% are held by institutions.