Latest news with #financials
Yahoo
2 hours ago
- Business
- Yahoo
Coinbase (COIN) Jumps 16% After Senate Passes Stablecoin Bill; Chart Signals More Upside
Coinbase (COIN, Financials) shares surged 16% to $295 on Wednesday after the Senate passed the bipartisan GENIUS Act, a landmark bill that establishes a regulatory framework for stablecoins. The bill marks the first major federal legislation aimed at legitimizing digital currency infrastructure, a move investors see as a major tailwind for Coinbase's business model. Warning! GuruFocus has detected 7 Warning Signs with COIN. The stock is now up 19% year to date, far outpacing the S&P 500's 2% gain over the same period. Technical analysts highlighted a breakout from a bullish flag pattern on heavy volume, with momentum confirmed by a rising relative strength index and a looming golden cross as the 50-day moving average converges with the 200-day line. The company also unveiled Coinbase Payments this week, a stablecoin-based solution for digital transactions across e-commerce platforms, reinforcing its product expansion strategy as regulatory clarity improves. Investors are now watching overhead resistance levels near $330 and $450, with the latter representing a projected upside target if momentum continues through August. Support levels sit near $265 and, more significantly, $212 a region marked by long-term consolidation. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
3 hours ago
- Business
- Reuters
Global equity funds log biggest outflows in three months on Mideast tensions
June 20 (Reuters) - Global equity funds recorded net outflows of $19.82 billion for the week ended June 18, the largest in three months, as escalating Middle East tensions and lingering uncertainty over U.S. trade policies dampened investor sentiment Investors divested a net $19.82 billion from global equity funds during the week, according to LSEG Lipper data. U.S. equity funds led regional outflows with net sales of $18.43 billion, their steepest withdrawal in three months. Asia saw outflows of $2.86 billion, while Europe recorded net inflows of $640 million. Despite broader outflows, equity sectoral funds attracted $573 million in net inflows, the fourth straight week of purchases. Tech and industrials led sectoral gains with a net $1.5 billion and $752 million in inflows, respectively, while financials saw nearly $1.5 billion of net outflows. Global bond funds were popular for the ninth consecutive week, attracting around $13.13 billion in net inflows. Euro-denominated bond funds drew $3.07 billion in net inflows, following $7.97 billion of inflows in the prior week. Investors also lapped up short-term and high-yield bond funds, which garnered $2.93 billion and $1.94 billion, respectively. In contrast, investors pulled out a net $2.7 billion from money market funds after about $4.1 billion of net sales in the previous week. Demand for gold and precious metals commodity funds surged to the highest in two months during the week as these funds received $2.84 billion in net inflows. Emerging market bond funds attracted net inflows of $2.5 billion, with demand extending to an eighth successive week. Investors, however, withdrew $234 million from equity funds, according to data for 29,726 funds.
Yahoo
3 hours ago
- Business
- Yahoo
Global equity funds log biggest outflows in three months on Mideast tensions
(Reuters) -Global equity funds recorded net outflows of $19.82 billion for the week ended June 18, the largest in three months, as escalating Middle East tensions and lingering uncertainty over U.S. trade policies dampened investor sentiment Investors divested a net $19.82 billion from global equity funds during the week, according to LSEG Lipper data. U.S. equity funds led regional outflows with net sales of $18.43 billion, their steepest withdrawal in three months. Asia saw outflows of $2.86 billion, while Europe recorded net inflows of $640 million. Despite broader outflows, equity sectoral funds attracted $573 million in net inflows, the fourth straight week of purchases. Tech and industrials led sectoral gains with a net $1.5 billion and $752 million in inflows, respectively, while financials saw nearly $1.5 billion of net outflows. Global bond funds were popular for the ninth consecutive week, attracting around $13.13 billion in net inflows. Euro-denominated bond funds drew $3.07 billion in net inflows, following $7.97 billion of inflows in the prior week. Investors also lapped up short-term and high-yield bond funds, which garnered $2.93 billion and $1.94 billion, respectively. In contrast, investors pulled out a net $2.7 billion from money market funds after about $4.1 billion of net sales in the previous week. Demand for gold and precious metals commodity funds surged to the highest in two months during the week as these funds received $2.84 billion in net inflows. Emerging market bond funds attracted net inflows of $2.5 billion, with demand extending to an eighth successive week. Investors, however, withdrew $234 million from equity funds, according to data for 29,726 funds. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 hours ago
- Business
- Yahoo
Is Serica Energy plc's (LON:SQZ) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Serica Energy's (LON:SQZ) stock is up by a considerable 43% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Serica Energy's ROE in this article. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company's success at turning shareholder investments into profits. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Serica Energy is: 12% = US$92m ÷ US$796m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each £1 of shareholders' capital it has, the company made £0.12 in profit. Check out our latest analysis for Serica Energy So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To start with, Serica Energy's ROE looks acceptable. And on comparing with the industry, we found that the the average industry ROE is similar at 10%. Consequently, this likely laid the ground for the decent growth of 20% seen over the past five years by Serica Energy. Next, on comparing with the industry net income growth, we found that Serica Energy's reported growth was lower than the industry growth of 28% over the last few years, which is not something we like to see. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. Is Serica Energy fairly valued compared to other companies? These 3 valuation measures might help you decide. With a three-year median payout ratio of 50% (implying that the company retains 50% of its profits), it seems that Serica Energy is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered. Besides, Serica Energy has been paying dividends over a period of five years. This shows that the company is committed to sharing profits with its shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 64% over the next three years. Overall, we are quite pleased with Serica Energy's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. As a result, the decent growth in its earnings is not surprising. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
14 hours ago
- Business
- Yahoo
Smart Share Global And 2 Other Promising Penny Stocks To Watch
The market has been flat over the last week, but over the past 12 months, it has risen by 9.9%, with earnings expected to grow by 15% per annum in the coming years. In this context, identifying stocks that combine strong financials with growth potential is crucial for investors seeking opportunities beyond traditional options. Penny stocks, though sometimes considered a relic of past market eras, remain relevant as they often represent smaller or newer companies that can offer unique value and growth prospects when backed by solid fundamentals. Name Share Price Market Cap Financial Health Rating Imperial Petroleum (IMPP) $3.57 $122.52M ★★★★★★ New Horizon Aircraft (HOVR) $2.27 $71.56M ★★★★★★ Waterdrop (WDH) $1.34 $473.78M ★★★★★★ Greenland Technologies Holding (GTEC) $2.11 $37.22M ★★★★★★ WM Technology (MAPS) $1.07 $174.9M ★★★★★★ Safe Bulkers (SB) $3.84 $390.82M ★★★★☆☆ Flexible Solutions International (FSI) $4.42 $55.14M ★★★★★★ BAB (BABB) $0.84176 $6.05M ★★★★★★ Lifetime Brands (LCUT) $3.78 $86.74M ★★★★★☆ TETRA Technologies (TTI) $3.74 $512.33M ★★★★☆☆ Click here to see the full list of 716 stocks from our US Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Smart Share Global Limited operates as a consumer tech company offering mobile device charging services through both online and offline networks in China, with a market cap of approximately $283.97 million. Operations: Smart Share Global generates its revenue primarily from Mobile Device Charging services, amounting to CN¥1.41 billion, and Pv Business, contributing CN¥479.85 million. Market Cap: $283.97M Smart Share Global Limited, with a market cap of approximately $283.97 million, is navigating the challenges of being unprofitable while maintaining a debt-free status. The company's revenue primarily stems from its Mobile Device Charging services and Pv Business, totaling CN¥1.89 billion for 2024, though this marks a decrease from the previous year. Despite reporting a net loss of CN¥13.53 million for 2024, Smart Share Global has managed to reduce its losses over the past five years by 57.7% annually and boasts sufficient cash runway for more than three years at current free cash flow levels. Jump into the full analysis health report here for a deeper understanding of Smart Share Global. Learn about Smart Share Global's historical performance here. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Zenvia Inc. operates a cloud-based platform facilitating integrated communication solutions across multiple countries, with a market cap of $84.95 million. Operations: The company's revenue is derived from two main segments: SaaS, contributing R$318.69 million, and CpaaS, generating R$640.99 million. Market Cap: $84.95M Zenvia Inc., with a market cap of US$84.95 million, is navigating the complexities of being unprofitable while maintaining a positive free cash flow and sufficient cash runway for over three years. The company reported full-year sales of R$959.68 million but faced increasing net losses, reaching R$154.66 million in 2024. Despite reducing its debt to equity ratio from 63.7% to 16.4% over five years, short-term liabilities exceed assets significantly at R$674.8 million versus R$319 million in assets, raising concerns about financial stability as highlighted by recent auditor doubts on its going concern status. Dive into the specifics of Zenvia here with our thorough balance sheet health report. Understand Zenvia's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Valens Semiconductor Ltd. develops semiconductor products for the audio-video and automotive sectors across various international markets, with a market cap of $209.79 million. Operations: The company's revenue is derived from two main segments: Automotive, contributing $22.26 million, and Cross Industry Business (CIB), which accounts for $40.87 million. Market Cap: $209.79M Valens Semiconductor, with a market cap of US$209.79 million, is navigating the challenges of being unprofitable while maintaining a strong financial position with short-term assets of US$136.7 million exceeding both short- and long-term liabilities. Despite reporting a net loss of US$8.31 million in Q1 2025, revenue grew to US$16.83 million from the previous year's same quarter, driven by its automotive and cross-industry segments. The company remains debt-free and has not diluted shareholders recently, providing stability amidst executive changes as CEO Gideon Ben Zvi plans to retire by year-end after achieving key milestones. Click here and access our complete financial health analysis report to understand the dynamics of Valens Semiconductor. Gain insights into Valens Semiconductor's future direction by reviewing our growth report. Explore the 716 names from our US Penny Stocks screener here. Interested In Other Possibilities? We've found 21 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include EM ZENV and VLN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
