I can’t find the reason behind the recent increase in the company’s market valuation, but I think this level is unsustainable and that the share price is likely to return to below $2.00 eventually. In addition, the shareholders’ equity was negative as of March. In my view, Stemtech looks overvalued as its quarterly revenues are barely above $1 million and the business is unprofitable. It’s a small nutraceutical company that relies on a direct sales distribution model whose market valuation has soared to $406.3 million as of the time of writing. Quote and option data delayed at least 15 minutes stock quote data powered by Ticker Technologies, and Mergent.I like writing about undercovered stocks on SA, and today I'm taking a look at Stemtech Corporation ( OTCQB:STEK). Video widget and market videos powered by Market News Video. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. All viewers agree that under no circumstances will BNK Invest, Inc. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. Split history database is not guaranteed to be complete or free of errors. or any of its affiliates, subsidiaries or partners. Nothing in is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. (WHLR)Ĭopyright © 2013 - 2023, All Rights Reserved Wheeler Real Estate Investment Trust, Inc. ![]() STEM is categorized under the Industrials sector below are some other companies in the same sector that also have a history of stock splits:Īlso explore: STEM shares outstanding history Below, we examine the compound annual growth rate - CAGR for short - of an investment into Stem shares, starting with a $10,000 purchase of STEM, presented on a split-history-adjusted basis factoring in the complete STEM split history. ![]() Looking at the STEM split history from start to finish, an original position size of 1000 shares would have turned into 83.3333333333333 today. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. The $5 and $10 pricepoints tend to be important in this regard. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. When a company such as Stem conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. For example, a 1000 share position pre-split, became a 83.3333333333333 share position following the split. This was a 1 for 12 reverse split, meaning for each 12 shares of STEM owned pre-split, the shareholder now owned 1 share. The split for STEM took place on May 09, 2016. ![]() Stem (STEM) has 1 split in our STEM split history database.
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