Why Today Is the Best Time to Buy CounterPath Corporation [CPAH] Stock at $3.44

CounterPath Corporation [CPAH] shares are up more than 163.13% this year and recently increased 0.2% or $0.68 to settle at $3.44. CPAH has a short ratio of 0.49. This implies that the market is currently less bullish on the outlook for CPAH.

On 7, December 2020, CounterPath Enters into Definitive Agreement and Plan of Merger to be Acquired by Alianza, Inc.. According to news published on Yahoo Finance, CounterPath Shareholders to Receive US$3.49 per Share in Cash.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.83 and a peak of $6.00. Right now, the middling Wall Street analyst 12-month amount mark is $4.47. At the most recent market close, shares of CounterPath Corporation [NASDAQ:CPAH] were valued at $3.44. According to the average price forecast, investors can expect a potential return of 24.38%.

FUNDAMENTAL ANALYSIS

CounterPath Corporation [NASDAQ:CPAH] most recently reported quarterly sales of 3.43 billion, which represented growth of 30.80%. This publicly-traded organization’s revenue is $159,228 per employee, while its income is -$14,428 per employee. This company’s Gross Margin is currently 83.30%, its Operating Margin is 0.80%, its Pretax Margin is -9.06, and its Net Margin is -9.06. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -8.85, -41.61, -11.70 and -23.40 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 72.52 and the whole liability to whole assets at 39.51. It shows enduring liability to the whole principal at 14.82 and enduring liability to assets at 0.08 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.72 points at 1st support level, the second support level is making up to 2.67. But as of 1st resistance point, this stock is sitting at 2.80 and at 2.83 for 2nd resistance point.

CounterPath Corporation [CPAH] reported its earnings at -$0.01 per share in the fiscal quarter closing of 10/30/2017. The Analysts for Wall Street were expecting to report its earnings at -$0.13/share signifying the difference of 0.12 and 92.30% surprise value. Comparing the previous quarter ending of 7/30/2017, the stated earnings were -$0.11 calling estimates for -$0.14/share with the difference of 0.03 depicting the surprise of 21.40%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for CounterPath Corporation [NASDAQ:CPAH] is 0.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.23. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.44 and it’s amount to book ratio is 8.66.

Insider Stories

The most recent insider trade was by MATTHEWS TERENCE H, Chairman, and it was the purchase of 0.14 million shares on Jun 10. Bruk Steven, the Director, completed a purchase of 0.14 million shares on Jun 10. On Jan 13, Timlick Larry, Director, completed a sale of 11000.0 shares.