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PRF Technologies Ltd (PRFX) is not a strong buy at this moment given the investor's long-term strategy and beginner level. The stock lacks significant positive catalysts, has weak financial performance, and no clear technical or trading signals to support an immediate purchase.
The technical indicators are bearish. The MACD histogram is negative and contracting, RSI is neutral at 30.878, and moving averages indicate a bearish trend (SMA_200 > SMA_20 > SMA_5). Key support is at 2.701, and resistance is at 3.181. The stock has a 70% chance of declining 0.12% in the next day and 5.26% in the next month.
The company signed a SaaS agreement with Shikun & Binui Energy to implement DeepSolar at a 71 MW photovoltaic site, potentially enhancing operational visibility and asset management.
The financials are weak, with no revenue growth, negative net income (-$7.31M), and negative EPS (-1.09). Technical indicators and trading trends are bearish or neutral, and no significant insider or hedge fund activity has been observed.
In 2024/Q2, the company reported no revenue growth (0% YoY), negative net income (-$7.31M), negative EPS (-1.09), and no gross margin improvement.
No analyst rating or price target data available.
