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Steer Technologies TSXV:ARGH Stock Report

Last Price

CA$0.33

Market Cap

CA$43.9m

7D

-2.9%

1Y

94.1%

Updated

26 Jul, 2024

Data

Company Financials

Steer Technologies Inc.

TSXV:ARGH Stock Report

Market Cap: CA$43.9m

ARGH Stock Overview

Steer Technologies Inc., doing business as Argo Co., operates an integrated ESG technology platform that offers subscription and on-demand services in the United States and Canada.

ARGH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Steer Technologies Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Steer Technologies
Historical stock prices
Current Share PriceCA$0.33
52 Week HighCA$0.47
52 Week LowCA$0.055
Beta2.47
11 Month Change-13.16%
3 Month Change6.45%
1 Year Change94.12%
33 Year Change-96.44%
5 Year Changen/a
Change since IPO-83.86%

Recent News & Updates

Steer Technologies Inc.'s (CVE:STER) Subdued P/S Might Signal An Opportunity

May 02
Steer Technologies Inc.'s (CVE:STER) Subdued P/S Might Signal An Opportunity

Recent updates

Steer Technologies Inc.'s (CVE:STER) Subdued P/S Might Signal An Opportunity

May 02
Steer Technologies Inc.'s (CVE:STER) Subdued P/S Might Signal An Opportunity

A Piece Of The Puzzle Missing From Steer Technologies Inc.'s (CVE:STER) 62% Share Price Climb

Jan 15
A Piece Of The Puzzle Missing From Steer Technologies Inc.'s (CVE:STER) 62% Share Price Climb

Investors Continue Waiting On Sidelines For Steer Technologies Inc. (CVE:STER)

Aug 22
Investors Continue Waiting On Sidelines For Steer Technologies Inc. (CVE:STER)

Shareholder Returns

ARGHCA TransportationCA Market
7D-2.9%-1.9%0.8%
1Y94.1%3.3%11.2%

Return vs Industry: ARGH exceeded the Canadian Transportation industry which returned 2.8% over the past year.

Return vs Market: ARGH exceeded the Canadian Market which returned 10.9% over the past year.

Price Volatility

Is ARGH's price volatile compared to industry and market?
ARGH volatility
ARGH Average Weekly Movement14.5%
Transportation Industry Average Movement3.1%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: ARGH's share price has been volatile over the past 3 months.

Volatility Over Time: ARGH's weekly volatility has decreased from 24% to 15% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2016n/aPraveen Arichandranwww.rideargo.com

Steer Technologies Inc., doing business as Argo Co., operates an integrated ESG technology platform that offers subscription and on-demand services in the United States and Canada. The company provides STEER EV, a subscription-based offering led by its flagship electric vehicle subscription business and electric vehicle long-term ownership or rental; and on-demand services incorporating food delivery, B2B marketplace, Delivery-as-a-Service, food delivery service, and rideshare businesses. The company was formerly known as Facedrive Inc. and changed its name to Steer Technologies Inc. in October 2022.

Steer Technologies Inc. Fundamentals Summary

How do Steer Technologies's earnings and revenue compare to its market cap?
ARGH fundamental statistics
Market capCA$43.87m
Earnings (TTM)-CA$30.91m
Revenue (TTM)CA$3.01m

14.6x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARGH income statement (TTM)
RevenueCA$3.01m
Cost of RevenueCA$5.02m
Gross Profit-CA$2.01m
Other ExpensesCA$28.90m
Earnings-CA$30.91m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin-66.67%
Net Profit Margin-1,025.36%
Debt/Equity Ratio101.2%

How did ARGH perform over the long term?

See historical performance and comparison
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