Shipwaves Online

Why is Shipwaves Online Ltd falling/rising?

As of 03-Aug, Shipwaves Online Ltd's stock price is at 3.08, unchanged from the previous day, and has declined 57.34% year-to-date. The stock is trading below its moving averages and is close to its 52-week low, indicating a bearish trend despite increased investor participation.

As of 03-Aug, Shipwaves Online Ltd's stock price is currently at 3.08, showing no change from the previous day. The stock has experienced a significant decline over various periods, with a year-to-date drop of 57.34%, compared to a decrease of only 7.72% in the Sensex. Over the past week, the stock has fallen by 8.33%, while the benchmark index has risen by 2.35%. <BR><BR>Additionally, the stock is trading lower than its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Today, the stock is also close to its 52-week low, being only 1.95% away from the low of Rs 3.02. Furthermore, it has underperformed its sector, which has gained by 2.65%, by 3.41%. <BR><BR>Despite a rise in investor participation, with a delivery volume increase of 47.73% against the 5-day average, the overall performance metrics suggest that the stock is facing downward pressure. Thus, the combination of poor performance relative to benchmarks, low trading levels compared to moving averages, and proximity to a 52-week low contribute to the stock's current decline.

Which are the latest news on Shipwaves Online?

What does Shipwaves Online do?

Shipwaves Online Ltd is a micro-cap software company incorporated in 2015, recently converted to a public limited company in 2022. It currently has no reported sales or profits, with a market cap of INR 49 Cr and key metrics including a P/E ratio of 14.00 and a debt-equity ratio of 0.18.

Overview:<BR>Shipwaves Online Ltd operates in the software products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in 2015 as "Shipwaves Online Private Limited" and later converted to a public limited company, changing its name to "Shipwaves Online Limited" on November 18, 2022. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 49 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 14.00<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.18<BR>Return on Equity: 4.19%<BR>Price-to-Book: 0.58<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Shipwaves Online?

Peers of Shipwaves Online include Kati Patang Life, Icodex Publish, Cranes Software, and others. Icodex Publish shows excellent management and growth, while Netlink Solutions(I) has the highest 1-year return at 16.58%, and Odyssey Tech. has the lowest at -61.74%.

Peers: The peers of Shipwaves Online are Kati patang Life, Icodex Publish., Cranes Software, Odyssey Tech., Netlink Solns(I), Olatech Solution, B2B Soft.Tech., IEC Education, TeleCanor Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at Icodex Publish. and Olatech Solution, while Average management risk is found at Netlink Solns(I) and B2B Soft.Tech. Below Average management risk is noted at Kati patang Life and Odyssey Tech., and the rest. Growth is Excellent at Icodex Publish., Good at Olatech Solution, and Average at Netlink Solns(I) and B2B Soft.Tech., while Below Average growth is seen at Kati patang Life, Odyssey Tech., and the rest. Capital Structure is Excellent at Icodex Publish., Good at Olatech Solution and B2B Soft.Tech., and Below Average at Kati patang Life, Netlink Solns(I), and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Netlink Solns(I) at 16.58%, while the peer with the lowest is Odyssey Tech. at -61.74%. Shipwaves Online's 1-year return is not available for comparison. Additionally, Olatech Solution, Odyssey Tech., and TeleCanor Global have negative six-month returns.