bullish

Track Group: An Above Average Business with a Catalyst?

223 Views05 Jan 2022 09:18
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SUMMARY
  • The stock is pretty illiquid, and is effectively a nano cap as insiders effectively own 65% of shares outstanding. Average daily trading volume only about $10k.
  • I feel quite optimistic about it. Trades <10x earnings while co is growing and only at about 1.5x recurring revenue and a lot of operating leverage.
  • The company provides tracking software and services to monitor convicts. Generally contracts are signed on a multi year basis
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