Net Element, Inc. (NETE) Stock: Seeing Declines In Today’s Session

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Net Element, Inc. (NETE) is falling in the market in today’s trading session. The company, focused in the tech space, is presently priced at $4.67 after heading down -11.55% so far in today’s session. In terms of tech stocks, there are a number of factors that have the potential to generate movement in the market. One of the most common is news. Here are the recent stories centered around NETE:

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May-15-19 06:01PM Net Element Reports First Quarter 2019 Financial Results and Provides Business Update
Apr-30-19 08:30AM Net Element’s Aptito Collaborates with HP Inc. for SMB Market
Apr-10-19 08:37PM Edited Transcript of NETE earnings conference call or presentation 2-Apr-19 12:30pm GMT
Apr-04-19 05:10PM NETE: Net Element Cuts Losses Significantly in 2018
Apr-01-19 05:22PM Net Element Reports Full-Year 2018 Financial Results and Provides Business Update

However, when making a decision with regard to investing, investors should take a look at much more than news, especially in the ever changing tech industry. Here’s what’s happening with Net Element, Inc..

Recent Movement Out of NETE

While a move down in a single session, like the fall that we’re seeing from Net Element, Inc. may lead to fear in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It is always important to take a look at trends further out than a single trading day. In the case of NETE, below are the movements that we’ve seen:

  • Past 5 Sessions – Over the last five trading sessions, NETE has produced a change in price in the amount of 4.27%.
  • Past Month – The monthly performance from Net Element, Inc. has been -11.32%.
  • Past 3 Months – Over the last quarter, the company has produced a ROI that comes to -12.06%
  • Bi-Annually – In the previous six months, investors have seen a performance that amounts to -13.93% from the stock.
  • Year To Date – Since the the last trading session of last year NETE has resulted in a ROI of -7.76%.
  • Full Year – Lastly, over the last full year, we have seen performance that comes to -32.36% from NETE. Throughout this period, the stock has traded at a high of -55.97% and a low price of 24.45%.

Important Ratios

Looking at a few ratios associated with a stock generally gives investors an understanding of just how dangerous and/or rewarding a pick might be. Below are a few of the important ratios to think about when looking at NETE.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the value of the stock is headed for declines. Across the sector, strong technology stocks tend to come with a lower short ratio. However, we also tend to see a lot of short squeezes in the space. Nonetheless, with regard to Net Element, Inc., the stock’s short ratio clocks in at 6.20.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Basically, they measure If a company is able to pay for its debts when they come due using quick assets or current assets. In the technology industry, several companies rely on the continuation of investor support as they work to bring new technologies to market, these ratios can be upsetting. However, some good picks in the tech industry come with good current and quick ratios. As far as NETE, the quick and current ratios work out to 0.90 and 0.90 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the price of shares. In this case, the book to share value ratio comes in at 2.26.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of the company’s stock. In the case of NETE, the cash to share value is 0.41.

Smart Money Follows Big Money

One thing I have come to understand in my brief time as an intelligence is that smart money tends to follow big money investors. In other words, investors that are trying to keep the risk down will pay close attention to moves made by institutional investors as well as insiders. With that said, how does the big money flow in regard to NETE? Here’s the data:

  • Institutions – At the moment, institutions hold 17.80% of Net Element, Inc.. Nonetheless, it is worth considering that institutional ownership has seen a move of 0.43% in the past 3 months.
  • Insider Moves – with regard to insiders, those close to the company currently hold 12.40% of the company. Insider ownership of the company has changed in the amount of 0.00% over the past quarter.

Analyst Opinions Of Net Element, Inc.

Although it’s rarely a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their analysis in order to validate your own opinions when it comes to making investment decisions in the tech sector. Below you’ll find the most recent moves that we’ve seen from analysts when it comes to NETE.

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What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.27. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, NETE has generated revenue in the amount of $28.50% with earnings coming in at 62.20%. On a quarter over quarter basis, earnings have seen movement of 75.50% and revenue has seen movement of 3.90%.

How Many Shares Of NETE Are Available?

Investors and traders seem to have an interest in the amounts of shares both outstanding and available. In terms of Net Element, Inc., currently there are 3.92M with a float of 3.16M. This means that out of the total of 3.92M shares of NETE that are out there today, 3.16M are available to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NETE, the short percent of the float is 11.78%.

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