Cryptyde Inc.

Company Profile

Cryptyde Inc. had its IPO on 2022-06-30 under the ticker symbol TYDE.

The company operates in the Basic Materials sector and Containers & Packaging industry. Cryptyde Inc. has a staff strength of 0 employees.

Stock update

Shares of Cryptyde Inc. opened at $1.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.77 - $1.9, and closed at $1.81.

This is a -0.55% slip from the previous day's closing price.

A total volume of 55,151 shares were traded at the close of the day’s session.

In the last one week, shares of Cryptyde Inc. have slipped by -3.72%.

Cryptyde Inc.'s Key Ratios

Cryptyde Inc. has a market cap of $3.80 million, indicating a price to book ratio of 1.3604 and a price to sales ratio of 0.4629.

In the last 12-months Cryptyde Inc.’s revenue was $17.87 million with a gross profit of $2.19 million and an EBITDA of $-8475346. The EBITDA ratio measures Cryptyde Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cryptyde Inc.’s operating margin was -48.65% while its return on assets stood at -40.93% with a return of equity of -891.04%.

In Q1, Cryptyde Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 134.7%.

Cryptyde Inc.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-44.46 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 Cryptyde Inc.’s profitability.

Cryptyde Inc. stock is trading at a EV to sales ratio of 0.5491 and a EV to EBITDA ratio of -0.2736. Its price to sales ratio in the trailing 12-months stood at 0.4629.

Cryptyde 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

$58.60 million

Total Liabilities

$13.92 million

Operating Cash Flow

$0

Capital Expenditure

$181653

Dividend Payout Ratio

0%

Cryptyde Inc. ended 2023 with $58.60 million in total assets and $0 in total liabilities. Its intangible assets were valued at $58.60 million while shareholder equity stood at $6.13 million.

Cryptyde Inc. ended 2023 with $0 in deferred long-term liabilities, $13.92 million in other current liabilities, 633.00 in common stock, $-44958199.00 in retained earnings and $22.32 million in goodwill. Its cash balance stood at $5.58 million and cash and short-term investments were $5.58 million. The company’s total short-term debt was $1,893,950 while long-term debt stood at $26.57 million.

Cryptyde Inc.’s total current assets stands at $14.08 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.26 million compared to accounts payable of $2.17 million and inventory worth $5.20 million.

In 2023, Cryptyde Inc.'s operating cash flow was $0 while its capital expenditure stood at $181653.

Comparatively, Cryptyde Inc. paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.81

52-Week High

$46

52-Week Low

$1.6079

Analyst Target Price

$

Cryptyde Inc. stock is currently trading at $1.81 per share. It touched a 52-week high of $46 and a 52-week low of $46. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.46 and 200-day moving average was $16.74 The short ratio stood at 0.34 indicating a short percent outstanding of 0%.

Around 151.2% of the company’s stock are held by insiders while 529.6% are held by institutions.