ashainp

MIME entry: Fundamental and Technical analysis

Long
NASDAQ:MIME   None
Fundamental metrics
- Gross margin > 70%
- Just entered profitability with a net margin of 0.04%
- Revenue growth 25.4%
- Rule of 40 = 0.04+0.04 = 25.4
- Free cash flow growing slowly
- The net revenue retention rate of 111%. Existing customer base alone has added 11% of revenue for the year ended 2019. 1100 new customers which is about a 30% increase
- Financial health is a concern with a current ratio of only 1.04, interest coverage of 1.04 and a Debt/equity of 0.82
- Structural tailwinds due to growing adaption of cloud services and network hacking.
- An organization would spend more funds on ensuring cybersecurity, detecting threats and protecting data. Remember, data is the new oil.


TA,
- Lower Bollinger band accumulation
-4H/Daily RSI buy
- 5EMA trending up
- 0.5 Fib support
- Daily level support
- Ascending wedge?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.