Resonant trades as part of the semiconductors industry and trades as part of the technology sector. The company CEO is George Holmes. Resonant Inc is a late stage development company. It is developing software, intellectual property and services platform for mobile device industry.



Previous Intraday Performance:

The RESN shares had a previous change of 3.86% which opened at 2.88 and closed at 2.96. It moved to an intraday high of 2.98 and a low of 2.80.

SeekingAlpha:  Resonant updates on new license agreements

Historical Performance:

Over the last five trading days, RESN shares returned -3.27% and in the past 30 trading days it returned 0.00%. Over three months, it changed 27.04%. In one year it has changed -23.51% and within that year its

52-week high was 6.32 and its 52-week low was 0.92. RESN stock is 220.69% above its 52 Week Low.

Our calculations result in a 200 day moving average of 3.36 and a 50 day moving average of 3.14. Right now, RESN stock is trading -11.96% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Resonant updates on new license agreements

Liquidity:

The company has a market cap of $82.1m with 27.7m shares outstanding and a float of 25.5m shares. Trading volume was 206,224 shares and has experienced an average volume of 175,004 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Resonant was -0.98 which ended on 31st of December 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.18.

The next earnings report will be: 05-07-2019

The long-term trend of the EPS is an important number as it indicates the present value of Resonant; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -51.20% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 13.20% of institutional ownership.

I calculated the beta to be 2.67

SeekingAlpha:  Playa Hotels & Resorts 2018 Q4 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -116.33%, return on assets is -101.31%, price-to-sales is 215.33 and price-to-book is 3.45.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 6  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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