(NBZ) Northbaze - Ratings and Ratios

Northbaze Group AB (publ), formerly known as Jays Group AB (publ), is a Swedish company specializing in the development, production, and marketing of audio and sound equipment. With operations in Sweden, Germany, China, and Thailand, the company has a diverse product portfolio that includes leather goods, mobile accessories, and OEM/ODM services. Incorporated in 2006 and headquartered in Gothenburg, Sweden, Northbaze Group AB (publ) is listed on the Stockholm Stock Exchange under the ticker symbol NBZ. For more information, visit their website at https://northbazegroup.com.

The companys product range encompasses a variety of audio equipment, such as headphones and speakers, catering to different markets. Their presence in key markets like Germany and Sweden underscores their strategic approach to European consumers, while operations in China and Thailand highlight their manufacturing and distribution capabilities in Asia.

From a technical standpoint, Northbaze Group ABs stock (ST:NBZ) is currently trading at 0.22 SEK, with a 20-day average volume of 33,372 shares. The stocks moving averages indicate a bearish trend, with the SMA 20 at 0.21, SMA 50 at 0.20, and SMA 200 at 0.26. The Average True Range (ATR) of 0.02 reflects low volatility, suggesting minimal price fluctuations.

Fundamentally, the company has a market capitalization of 54.30M SEK. The price-to-book (P/B) ratio of 0.63 indicates that the stock might be undervalued, while the price-to-sales (P/S) ratio of 0.33 suggests a reasonable valuation relative to its revenue. However, the return on equity (RoE) of -21.77% highlights financial challenges, with the company currently operating at a loss.

Looking ahead, the 3-month forecast for Northbaze Group AB (ST:NBZ) suggests that the stock price may remain range-bound between 0.20 and 0.24 SEK, influenced by the bearish trend indicated by its moving averages and low ATR. The companys financial performance will be critical in determining any potential recovery. Without significant improvements in profitability, the stock is likely to face continued downward pressure, with trading volumes expected to remain low due to investor caution.