NON INVASIVE MONITORING SYSTEMS INC /FL/ (NIMU) Jun 2024 Earnings Report
Non-Invasive Monitoring Systems (NIMU): Investment Report
Overview
Non-Invasive Monitoring Systems, Inc. (NIMU) is a shell company with a tumultuous past, and its current lack of significant operations makes it a challenging investment opportunity. However, with a market capitalization of $1.86 million and a current stock price of $0.012, NIMU presents an intriguing case for investors looking for undervalued opportunities.
Core Metrics
- Current price: $0.012
- 52-week high: $0.044
- 52-week low: $0.0002
- Market Cap: $1.86 million
- P/E Ratio: N/A
- Earnings per Share: -$0.18
- 50-day average: $0.01216
- 200-day average: $0.01537125
- Analyst Recommendations: None
Financial Performance
NIMU's financial performance is a concern, with an operating cash flow of -$148,000 and total cash of $75,000. The company's lack of significant operations makes it challenging to analyze its financial performance. However, its cash position and operating cash flow indicate that the company is struggling to generate revenue.
Growth Prospects
With no significant operations, NIMU's growth prospects are limited. The company would need to revamp its business model or acquire new assets to generate revenue and drive growth. However, without a clear strategy, it is challenging to predict NIMU's future growth prospects.
News and Updates
The recent news articles related to NIMU are not directly related to the company's operations. The news articles focus on Indian politics, specifically the formation of the new cabinet and election results. These news articles do not provide any insights into NIMU's operations or financial performance.
Upgrades and Downgrades
There are no recent upgrades or downgrades for NIMU, as the company does not have any analyst recommendations.
Summary
In conclusion, NIMU's investment prospects are uncertain due to its lack of significant operations and struggling financial performance. Without a clear business strategy, it is challenging to predict the company's future growth prospects. Investors should exercise caution when considering NIMU as an investment opportunity.
Disclosures
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