COV:CA:TSV-Covalon Technologies Ltd. (CAD)

COMMON STOCK | Biotechnology |

Last Closing

USD 3.235

Change

+0.04 (+1.09)%

Market Cap

USD 0.08B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, Canada, the Middle East, Asia, Latin America, and internationally. The company's platform technologies comprise collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns; and antimicrobial silicone adhesive platform, which is used for family of pre and post-surgical, and vascular access products that are designed to kill bacteria or yeast that comes into contact with the antimicrobial silicone providing broad-spectrum antimicrobial activity. It also offers medical coating platform, a process that utilizes photo-polymerization to create active grafting sites where new polymer chains are initiated and propagated from the surface of an existing medical device. In addition, the company provides wound care dressings; surgical and peri-operative; and infection management products. It offers its products under the Covalon brand name through third-party distribution networks and company's direct sales force. The company serves hospitals, wound care centers, burn centers, extended/alternate care and acute care facilities, home health care agencies, and physicians' offices. Covalon Technologies Ltd. is headquartered in Mississauga, Canada. Address: 1660 Tech Avenue, Mississauga, ON, Canada, L4W 5S7

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-24 )

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TTI:CA Thiogenesis Therapeutics Corp.

N/A

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N/A

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SBM:CA Sirona Biochem Corp

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HEM:CA Hemostemix Inc

N/A

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RKV:CA Rakovina Therapeutics Inc

N/A

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ETFs Containing COV:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Biotechnology) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 205.19% 94% A 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 205.19% 94% A 91% A-
Trailing 12 Months  
Capital Gain 115.67% 82% B 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 115.67% 82% B 87% B+
Trailing 5 Years  
Capital Gain 46.38% 55% F 68% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 46.38% 55% F 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 9.24% 61% D- 59% D-
Dividend Return 9.24% 61% D- 59% D-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 53.72% 39% F 51% F
Risk Adjusted Return 17.20% 61% D- 63% D
Market Capitalization 0.08B 89% A- 89% A-

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector