For the Datametrex Ai share, CAD 0.2 was posted on the Venture home exchange as of November 15, 2021, 9:55 p.m. Datametrex Ai belongs to the "Software and Services" segment.
Based on a total of 6 evaluation criteria, we have developed an assessment of the current level for Datametrex Ai. At each level, the company receives the rating "Buy", "Hold" or "Sell". This results in a final weighting of the overall grade.
1. Industry comparison share price: The share achieved a return of 76.19 percent in the past year. Compared to stocks from the same sector ("information technology"), Datametrex Ai is 30.76 percent above the average (45.43 percent). The median annual return for securities from the same branch "IT services" is 54.8 percent. Datametrex Ai is currently 21.39 percent above this value. Due to the overperformance, we rate the share at this level as a "buy".
2. Relative Strength Index: For stocks, technical analysis also considers the ratio of upward movements and downward movements of a price over time and records this for a period of 7 days in the Relative Strength Index. Based on this so-called RSI, the Datametrex Ai is currently oversold with a value of 28.57. Therefore, a "Buy" rating applies to this signal. If the relative movement is extended to 25 days (RSI25), the result for the stock is a value of 42.86. This acts as a signal that the stock is not viewed as either overbought or sold. Accordingly, the classification on this basis is "Hold". Overall, this results in the "Buy" rating for the RSI.
3. Fundamental: The P / E ratio (price-earnings ratio) is currently 13.75 and, at 97 percent, is below the industry average (industry: IT services) of 418.15. From today's perspective, the share is undervalued. Datametrex Ai therefore receives a "Buy" rating at this level.