Is Grand Ocean Advanced stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Grand Ocean Advanced pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Thursday 19th of September 2013 were paid HKD0.005 per share. Over the last 5 times between 2009 and 2013, Grand Ocean Advanced has paid HKD0.0623 with an average of HKD0.01 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Grand Ocean Advanced 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD0.255, you would have made a loss of HKD-0.169 per share or -66.27%
Yes, the average daily trading liquidity for Grand Ocean Advanced is HKD12.66 million. You should therefore be able to get in and out of your positions relatively fast.
Grand Ocean Advanced has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 94.43, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Grand Ocean Advanced to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.