Cormark Issues Pessimistic Forecast for ARHT Media Earnings

ARHT Media Inc. (CVE:ART) – Equities research analysts at Cormark decreased their FY2027 EPS estimates for ARHT Media in a research report issued on Tuesday, October 14th. Cormark analyst R. Gray now expects that the company will earn $3.29 per share for the year, down from their prior estimate of $3.60.

Separately, Haywood Securities upgraded ARHT Media to a “strong-buy” rating in a research report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, ARHT Media has an average rating of “Strong Buy”.

ARHT Media Stock Performance

Shares of ARHT Media stock opened at C$0.02 on Wednesday. The company has a debt-to-equity ratio of 401.18, a current ratio of 0.36 and a quick ratio of 3.06. The firm has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.01. ARHT Media has a fifty-two week low of C$0.01 and a fifty-two week high of C$0.13. The firm has a market cap of C$2.96 million, a P/E ratio of -0.25 and a beta of 0.47.

ARHT Media Company Profile

ARHT Media Inc, together with its subsidiaries, engages in the live and prerecorded holograms with a network of capture and display locations worldwide. Its products include Capsule, a consumer-facing holographic display that is plug-and-play for events in all lighting conditions and can be permanently installed for retail and other consumer or user-facing applications; ARHT Engine, a proprietary technology utilizes a combination of advanced hardware and software, including 3D cameras, motion capture technology, and real-time rendering software to create its holographic displays; and Virtual Global Stage, which allows multiple presenters to interact with one another on the same stage with no latency, appearing much like they would if they were physically next to one another, as well as capture studio, ARHT Hologram Screen, and HoloPod Display.