I am looking at the financial summary on google finance and the debt to assets ratio should be 0 (zer0) if the company doesn't owe money, but this company's debt to asset ratio according to google finance is 34.02. They do have long term debt. This company needs lots of research...looks risky to me
"Beware The Limitations of Online Auto-Compiled Database Pages For (CYCCP) on Both Yahoo and Google Finance
Once there, you'll discover that preferred shares have a market cap nearly twice that of common shares. Now I don't know about you, but this creates a displeasing prospect to me. Click on the Key Statistics button in the left hand column and you'll be taken to a page which reveals a total number of preferred shares outstanding of 17.72M matching that of common shares. Could it be therefore that the most recent quarterly dividend cost the company $2.65M? If these numbers were accurate that would be true. But they aren't!"
He goes on to show exactly how the market cap calculations and therefore cost of the dividend outlay for the preferred shares may have caused problems with investors.
CYCC is a good stock and the SEAMLESS study is having good success. What is up with the drop in this stock price?
I love watching the technicals. Most of the time they make sense. But when the Fed started manipulating the dollar, all bets were off. EGO is a great company. We all know it, it has great financials and should be doing better than it is. Then when GS rated it a "buy" the price tanked. How can you even believe the charts when manipulation is going on? Any other industry and the SEC would be called in.