Wednesday, September 09, 2020 3:47:01 PM
On Sept 1st they reported net income of $.07/share. https://www.marketwatch.com/press-release/victory-square-technologies-reports-a-record-first-half-2020-2020-09-01-61841047?siteid=bigcharts&dist=bigcharts&tesla=y. At a current price of $.43/share, VSQTF it is trading @ a P/E Ratio = 6. That is low by any "normal" standards (usually revenue producing companies tend to historically trade around P/E Ratio = 10). Therefore, a $.70/share would be the "norm".
And please keep in mind this is RIGHT NOW, without COVID 19 kits sales being factored in,... Assuming only "few $ millions" income from COVID 19 kits sales we could logically predict a price of $3-4/share, at the lower end.
Not a pitch for others to buy VSQTF. Just my 2 cents :)
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM