The average advance to decline ratio, which is a key metric to ascertain investor sentiment, has dropped to the lowest level in nearly two years ... Nifty fallen over 5 percent each while broader ...
In essence, it is the entire value of a company. EBITDA, the other element of the ratio, gives a clearer picture of a company’s profitability as it strips out non-cash expenses like depreciation ...
There could be progress on the cannabis legalization front in the next five years. Whether Tilray benefits from this will depend on a lot of factors. The company's outlook remains risky and uncertain.
It trades at a forward one-year P/E ratio of 40 and a price-to-book ratio of nearly 3. If it continues to demonstrate robust growth, it could justify that premium and keep gaining even in the near ...
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