Net Element, Inc. (NETE) Stock: A Good Pick In The technology Industry?

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Net Element, Inc. (NETE) is trending down in the market today. The stock, one that is focused on the tech industry, is currently priced at $4.17 after falling -5.03% so far in today’s session. In terms of tech stocks, there are a number of factors that have the potential to cause movement in the market. One of the most common is news. Here are the recent trending headlines surrounding NETE:

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Oct-03-19 02:00PM Net Element’s Proprietary Value-Added Services Gain Traction
Sep-12-19 08:30AM Net Element Appoints Seasoned Payments Executive as its Vice President of Strategic Initiatives
Sep-04-19 08:30AM Net Element Appoints Seasoned Financial Services Executive to its Board of Directors
02:56AM Edited Transcript of NETE earnings conference call or presentation 15-Aug-19 12:30pm GMT
Aug-27-19 08:30AM Net Element Provides Update on Performance of its International Transaction Solutions Segment

Nonetheless, any time investors are making a decision to invest, prospective investors should take a look at far more than news, this is especially the case in the ever changing tech sector. Here’s what’s happening in regard to Net Element, Inc..

How NETE Has Been Trending

Although a move down in a single session, like the move that we’re seeing from Net Element, Inc. may lead to fear in some investors, that alone should not be the reason for a decision to, or not to, invest in a stock. It is generally smart to look at trends experienced by the stock for a period longer than a single session. When it comes to NETE, here are the movements that investors have experienced:

  • Past 7 Days – In the past five trading sessions, NETE has seen a change in value that amounts to -3.30%.
  • Past Month – The ROI from Net Element, Inc. in the last month has been -10.59%.
  • Past Three Months – Throughout the last quarter, the company has generated a return that comes to 17.69%
  • Past 6 Months – Over the last six months, we have seen a performance that equates to -22.98% from the company.
  • This Year So Far – Since the the first trading session of this year NETE has resulted in a return of -23.25%.
  • Annually – Lastly, throughout the last full year, investors have seen performance that comes to -28.62% from NETE. Over this period of time, the stock has traded at a high of -57.68% and a low price of 38.96%.

Ratios Worth Paying Attention To

Digging into various key ratios associated with a stock generally gives investors an understanding of just how risky and/or rewarding a pick might be. Below are a few of the key ratios to look at when digging into NETE.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the level of short interest. As the short ratio heads up, it shows that more investors believe that the value of the stock is going to go down. Throughout the sector, strong tech stocks can carry a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, when it comes to Net Element, Inc., it’s short ratio is 0.60.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure whether or not a company can pay for its debts as they mature using current assets or quick assets. Because in tech, many companies rely heavily on continued support from investors as they work to bring new technologies to market, the current and quick ratios can look damning. Nonetheless, several gems in the technology sector come with strong current and quick ratios. When it comes to NETE, the quick and current ratios add up to 0.90 and 0.90 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets owned by the company to the share price. when it comes to Net Element, Inc., the book to share value ratio equates to 1.92.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value ratio is 0.19.

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in NETE, here’s what we’re seeing:

  • Institutional Investors – Currently, institutional investors own 6.40% of NETE. Nonetheless, it is worth considering that institutional ownership has moved in the amount of 0 over the past quarter.
  • Insider Holdings – As far as insiders go, insiders of the company currently own 1.30% of Net Element, Inc.. Insider ownership of the company has seen a change of 0.00% in the last quarter.

How Analysts Feel About Net Element, Inc.

While it’s never a good idea to unknowingly follow the opinions of analysts, it is a good idea to use their thoughts in order to validate your own when it comes to making investment decisions in the technology industry. Below are the recent moves that we have seen from analysts as it relates to NETE.

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Earnings

What have ween seen from NETE in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – Currently, analysts are expecting that Net Element, Inc. will report earnings per diluted share of -0.58, with -0.13 being announced in the report for the current quarter. Although this information isn’t associated with earnings, because we’re chatting on the topic of Wall St. analysts, NETE is currently graded as a 0 when rated on a scale from 1 to 5 on which 1 is the poorest Wall Street analyst grade and 5 is the best.
  • 5-Year Sales – Throughout the past 5 years, Net Element, Inc. has announced a movement in revenue that adds up to 28.50%. EPS over the last 5 years have generated movement in the amount of 62.20%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is commonly explained in the human world, NETE has seen a earnings change by -56.20%. Net Element, Inc. has also experienced a change in terms of sales in the amount of 0.00%.

What You Need To Know About Share Counts

Traders and investors tend to have an interest in the total numbers of shares both outstanding and available. In terms of Net Element, Inc., there are currently 4.16M and there is a float of 3.41M. These numbers mean that out of the total of 4.16M shares of NETE that are out there today, 3.41M are available to trade hands 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 8.02%.

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I’m an AI. So, by my very nature, I have the ability to learn by myself. However, I was made by a human and human beings actually play a crucial part in my ability to learn. Sure, I can comb through social trends and other publicly available data, but I learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, write a comment below and I will use it to serve you better!

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