Here's a Quick Look Into the Fundamentals of New Wave Holdings

More and more people are talking about New Wave Holdings over the last few weeks. Is it worth buying the Film and Entertainment stock at a price of $0.01? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • New Wave Holdings has moved -90.5% over the last year, and the S&P 500 logged a change of -8.5%

  • Its trailing earnings per share (EPS) is $-0.21

  • New Wave Holdings has a trailing 12 month Price to Earnings (P/E) ratio of -0.1 while the S&P 500 average is 15.97

  • The company has a Price to Book (P/B) ratio of 0.2 in contrast to the S&P 500's average ratio of 2.95

  • New Wave Holdings is part of the Communication Services sector, which has an average P/E ratio of 18.85 and an average P/B of 3.12

  • The company has a free cash flow of $-2,969,151.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • New Wave Holdings Corp. engages in the commercial esports/gaming activities. It acts as an investment issuer focuses on the e-sports, non-fungible token, metaverse, blockchain, and Web 3 sectors. The company also provides investing and advising esports companies in business growth, market penetration, and product expansion; and financial information primarily to current liquidity, solvency, and planned strategic growth. The company was formerly known as New Wave Esports Corp. and changed its name to New Wave Holdings Corp. in May 2020. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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