Xurpas, Inc. (X) was incorporated on November 26, 2001. The company specializes in the creation and development of digital services and products for mobile-end users.
Moreover, X provides mobile marketing and advertising solutions integrated into its consumer digital products and platforms. The company partnered with Smart Communications, Globe Telecom, and Sun Cellular for conceptualizing, sourcing, generating, designing, and maintaining mobile consumer content and services.
Market Cap: PHP 6.1 billion
Sector: Small, Medium and Emerging Board
Subsector: Small, Medium and Emerging Board
- Revenues grew by 8.03 percent in 2017 versus 2016
- The company earned a net income attributable to parent of PHP 35.77 million last 2017.
Xurpas made a press release today about its recent announcement during its Annual Stockholder’s Meeting. It said that ODX PTE LTD (ODX), a wholly-owned subsidiary, has an all-star line up of partners and advisors to aid in the use of blockchain technology.
This technology aims to provide free Internet access to emerging market-mobile consumers. It is also planning to sell up to USD 100 million worth of utility tokens.
The company also announced that it is planning to launch Alto, which connects games to the blockchain and Xonio, which offers a unique financial inclusion for digital goods in emerging markets.
Furthermore, X will launch AllCare, an HR benefits platform, which allows freelancers to avail of insurance, health, and other benefits.
The announcement of CEO Nico Jose Nolledo’s resignation during the meeting opens another door for him as he becomes CEO for the ODX project. Raymond Gerard Racaza, current President and co-founder of the company, assumes the vacant post.
Revenues for the first quarter of 2018 decreased by 56 percent or PHP 421.97 million versus the same period last year. The company suffered a net loss of PHP 77.93 million, lower by 175 percent versus the recorded PHP 103.24 million in net income in the first quarter of 2017.
Xurpas has been consolidating for quite some time after dropping roughly 50 percent from its 2018 highs. Apparently, the stock is trading inside a tight range.
The 15 EMA, 20 SMA, and 50 SMA are moving sideways in support of a consolidation pattern. Nevertheless, Volume is still vague as to whether the bulls or the bears are in control.
MACD is also moving sideways. RSI is currently at neutral levels. Support of the range is at 3.10 while resistance is expected at 3.64.
As of July 17, 2018, at 03:30 PM, the volume of X is 602.76% of the previous trading day.
Remember the correlation between price and volume.
- bullish price + high volume = high sustainability (price)
- bullish price + low volume = low sustainability (price)
- bearish price + high volume = high sustainability (price)
- bearish price + low volume = low sustainability (price)
X has a MODERATE RISK level due to its risk percentage of 53.51%.
X registered a Net Foreign Selling worth P169,440.00 as of July 17, 2018.
On a 30-day trading period, X is on a Net Foreign Selling worth PHP7,640,390.00.
Top 10 Players’ Sentiment
Trading participants of X with a 100% Buying and Selling Activity as of Jul-17-2018 at 03:30 PM:
14 out of 37 participants or 37.84% of all participants registered a 100% BUYING activity
9 out of 37 participants or 24.32% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 3.2212
Top 10 Players’ Selling Average: 3.2127
The psychological average price of the top 10 players as of Jul-17-2018 is from 3.2127 to 3.2127.
What Is the Importance of Knowing the Top 10 Players’ Sentiment?
You need to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If you know the psychological average price of the top 10 brokers who have traded a stock, you can calculate in your mind how much more can they probably afford to hold, relative to their collective risk tolerance, should the stock’s price go south.
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Not only do we tell them which stocks to buy and when to sell, but we also update them every day about what happened to each stock that we recommend.
We save our customers a lot of time and heartache.
We show them our data-driven basis so they know what we know.
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When you ask our customers why they buy the stocks that we recommend, you better get your pen and paper handy.
They will not answer, “Because I was told to buy it.”
They will narrate our data-driven basis like how we narrated the summary of our analysis in this article.
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