FCCC INC (FCIC) Jun 2024 Earnings Report
FCCC INC: Investment Report
Overview
FCCC INC, a shell company operating in the financial services sector, has been on the radar of investors seeking a potential merger or acquisition opportunity. With a market capitalization of $1.55 million, this micro-cap stock has been volatile, trading between $0.055 and $1.2 over the past 52 weeks. In this report, we will delve into the company's financial performance, growth prospects, and recent news to help investors make an informed decision.
Core Metrics
- Current price: $0.448 USD
- 52-week high: $1.2
- 52-week low: $0.055
- Market Cap: $1.55 billion USD
- P/E Ratio: N/A
- Earnings per Share: -$0.1
- 50-day average: $0.40096
- 200-day average: $0.49962
- Analyst Recommendations: None (0 analysts)
Financial Performance
FCCC INC's financial performance has been lackluster, with an operating cash flow of -$282,000 and free cash flow of $180,375. The company's gross margins stand at 1.0%, indicating a tight profit margin. The company's total cash reserves are $47,000, which may not be sufficient to sustain operations in the long run.
Growth Prospects
As a shell company, FCCC INC's growth prospects are heavily dependent on its ability to secure a successful merger or acquisition. The company's lack of significant operations and limited financial resources make it challenging to predict future growth.
News and Updates
Recent news articles mention FCCC INC only in passing, referencing a search of "NCIC/FCIC records" in a warrant related to a JSO officer accused of sharing information with criminals. There is no direct impact on the company's stock price from these news articles.
Upgrades and Downgrades
There have been no recent upgrades or downgrades from reputable firms, likely due to the company's small market capitalization and lack of analyst coverage.
Summary
In conclusion, FCCC INC's stock is highly speculative, and investors should exercise caution when considering an investment in the company. While the company's market capitalization is low, there is limited visibility on its future growth prospects. Investors should carefully weigh the risks and potential rewards before making a decision.
Disclosures
The information on this website should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided here or on other content distribution outlets are for informational purposes only, and should not be relied upon when making any investment decision. Under no circumstances should any information provided on this website or social media platforms be construed as an offer soliciting the purchase or sale of any security, nor should it be construed as an offer to provide investment advisory services.