ART.VN and NXO.VN

0
0

Hello.  I’ve been watching an own ART.VN.

These stocks are part of the growing AR industry.  Similar to NTAR.CN

ART seems to be a good stock to own. Similar to a stock to took off WIMI.

ART has doubled in the last month.  But would be interesting to see what your recommendations are about this stock.

Number of shares traded has taken off.

NXO.VN they has signed contracts with NVIDIA.  Be interesting to know what you think of this one.

Thanks

Marked as spam
Asked on July 17, 2020 8:41 am
1 views
0
Private answer

Hey Brian. Art seems to be a very interesting stock. There is obviously very little to go off of, but from what they've shown in their investor presentation, gross profit is growing at a solid pace and the company should actually be posting positive EBITDA in 2021.

With that being said, this is a company that has quadrupled in price in less than a month. With average volume of 672,000, it wouldn't take much of a sell off cash wise to cripple the price. Insiders own over 22% of this company.

If we look at the balance sheet, it doesn't look good. around $1 million in current assets and $2 million in current liabilities. This essentially means the company has around half of what is needed to pay expenses over the next year.

We try to avoid giving recommendations or insights on companies that require a large amount of speculation. These stocks tend to move primarily based on momentum, and investors can make a ton of money. But, lots of them can be left holding the bag. If you do insist on investing in these micro-cap stocks, do it only with money you'd be comfortable losing.

Marked as spam
Posted by Dan Kent
Answered on July 17, 2020 9:49 am