JADA News
OPS Ranking for Jade Art Group Upgraded by StockDiagnostics.com
11/30/2009
Sarasota, FL, November 30, 2009-Jade Art Group, Inc. (OTC:JADA) reported positive OPS (Operational-cashflow Per Share) for its quarter ended September 30, 2009 and StockDiagnostics.com has upgraded its OPS Ranking to "1" from its previous OPS Ranking of "2". Jade Art Group's OPS Ranking of "1" is its highest over its previous year.
The OPS RankingTM upgrade was based on Jade Art Group's recently filed Cash Flow Statements for its quarter ended September 30, 2009. The company's computed OPS TM (Operational-cashflow Per Share) for the quarter was $0.03 per share as compared to $-0.01 per share for the comparable year earlier quarter. OPS for the most recent 12 months ended September 30, 2009 was $0.16 per share as compared to $0.00 per share for the 12 months ended September 30, 2008.
The shares of Jade Art Group were recently trading at $0.65.
StockDiagnostics.com has issued 3295 OPS Ranking upgrades for 2009. This compares with 3153 OPS Ranking upgrades in the same period last year. For all of 2008, there were 3266 OPS Ranking upgrades.
About OPS RankingsTM changes -- OPS Ranking upgrades and downgrades may predict changes in the momentum of a company's stock price and its inherent or presumed financial health. All OPS Ranking downgrades, even a downgrade from the highest OPS Ranking of "1" to the second highest OPS Ranking of "2" should be treated with equal caution. Similarly, all OPS Ranking upgrades should be considered as equally positive. Even an upgrade from the lowest OPS Ranking of "8" to the second lowest OPS Ranking of "7" can be treated with guarded optimism.
“OPS Rankings” originated from the results of an in-depth 1990-2001, research study on Operational Cashflow that was done by StockDiagnostics.com. The study included 3,885 public companies, whose shares traded at a minimum of $6.00 per share in 1999 and also filed their four quarterly reports for fiscal 1999. The findings revealed that each of the company’s “OPS” logically fell into one of eight distinctive risk categories. The categories were the genesis of StockDiagnostics.com’s numerical eight point, 1 through 8, OPS rankings.
The ranking of 1, which the company received means that Jade Art Group based on its OPS over its most recent four quarters and its aggregated OPS over its latest twelve months is in the lowest risk category. The results from the study indicated that 91.67% of all the companies in this risk category (an OPS Ranking of 1), which had shares that traded at $6.00 or above in 1999 had share prices, which traded at $6.00 or above during 2001.
Statistical research on the other OPS Rankings is available at www.StockDiagnostics.com and is also available at StockTrendNews.com. Additional information on StockDiagnostics, its OPS Rankings and on OPS, including three minute web tutorials, “What is OPS?” and “What are OPS Ratings?”, are available at www.StockDiagnostics.com.
About StockDiagnostics.com -- StockDiagnostics.com covers approximately 10,000 publicly traded companies and 216 industries. It provides current and archived OPS Rankings and its proprietary OPS 4 Quarter, 20 Quarter and 5 Year charts on each company and each industry four times per year. Statistical research on the other OPS Rankings is available at www.StockDiagnostics.com and is also available at StockTrendNews.com. StockDiagnostics.com also provides 20 Quarter and 5 Year extended data table “Free Cash Pro” charts which track EBITDA, Free Cash Flow and Cash Flow From Operations (CFFO). These charts are primarily used by analysts and professional investors.
StockDiagnostics.com has access to a proprietary data refinery that automates the process of collecting, sorting and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement anomalies and securities pricing variances to monitor changes in the performance of public companies. Go to www.StockDiagnostics.com for a description of StockDiagnostics.com's patent-pending technical applications, such as OPS, OPS Rankings, The EPS Syndrome and more. Three minute videos on OPS and OPS rankings are available at www.StockDiagnostics.com.