C
Nova Cannabis Inc.
NOVC.TO
TSX
C
Hold
8/5/2024Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to C- from D on 8/5/2024 due to a significant increase in the growth index, solvency index and efficiency index. Net income increased 354.17% from -$247 to $627.8, earnings per share increased from -$0.0043 to $0.0073, and the quick ratio increased from 0.61 to 0.9.
Nova Cannabis Inc. (NOVC.TO) was upgraded to C- from D on 8/5/2024 due to a significant increase in the growth index, solvency index and efficiency index. Net income increased 354.17% from -$247 to $627.8, earnings per share increased from -$0.0043 to $0.0073, and the quick ratio increased from 0.61 to 0.9.
D
Sell
7/31/2024Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D from D+ on 7/31/2024 due to a decline in the volatility index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D from D+ on 7/31/2024 due to a decline in the volatility index.
D
Sell
5/17/2024Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D+ from C- on 5/17/2024 due to a substantial decline in the growth index. Earnings per share declined from $0.0056 to -$0.0043, EBIT declined 50.97% from $2.55M to $1.25M, and operating cash flow declined 43.07% from $3.65M to $2.08M.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D+ from C- on 5/17/2024 due to a substantial decline in the growth index. Earnings per share declined from $0.0056 to -$0.0043, EBIT declined 50.97% from $2.55M to $1.25M, and operating cash flow declined 43.07% from $3.65M to $2.08M.
C
Hold
3/28/2024Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to C- from D- on 3/28/2024 due to a substantial increase in the efficiency index, valuation index and total return index. Total capital increased 3.09% from $84.37M to $86.98M.
Nova Cannabis Inc. (NOVC.TO) was upgraded to C- from D- on 3/28/2024 due to a substantial increase in the efficiency index, valuation index and total return index. Total capital increased 3.09% from $84.37M to $86.98M.
D
Sell
1/29/2024Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D- from E+ on 1/29/2024 due to an increase in the volatility index and total return index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D- from E+ on 1/29/2024 due to an increase in the volatility index and total return index.
E
Sell
1/12/2024Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to E+ from D- on 1/12/2024 due to a decline in the volatility index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to E+ from D- on 1/12/2024 due to a decline in the volatility index.
D
Sell
12/28/2023Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D- from E+ on 12/28/2023 due to a noticeable increase in the total return index, growth index and volatility index. Operating cash flow increased 118.93% from $1.9M to $4.16M, earnings per share increased from $0.0135 to $0.0273, and EBIT increased 43.19% from $2.04M to $2.92M.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D- from E+ on 12/28/2023 due to a noticeable increase in the total return index, growth index and volatility index. Operating cash flow increased 118.93% from $1.9M to $4.16M, earnings per share increased from $0.0135 to $0.0273, and EBIT increased 43.19% from $2.04M to $2.92M.
E
Sell
3/14/2023Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to E+ from D on 03/14/2023.
Nova Cannabis Inc. (NOVC.TO) was downgraded to E+ from D on 03/14/2023.
D
Sell
2/9/2023Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from E+ on 2/9/2023 due to an increase in the volatility index and total return index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from E+ on 2/9/2023 due to an increase in the volatility index and total return index.
E
Sell
2/8/2023Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to E+ from D on 2/8/2023 due to a decline in the volatility index and valuation index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to E+ from D on 2/8/2023 due to a decline in the volatility index and valuation index.
D
Sell
11/14/2022Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 11/14/2022 due to a substantial increase in the growth index and volatility index. Operating cash flow increased 15,271.52% from $16.5 to $2.54M, EBIT increased 24.55% from -$464 to -$350.1, and total revenue increased 2.26% from $44.12M to $45.12M.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 11/14/2022 due to a substantial increase in the growth index and volatility index. Operating cash flow increased 15,271.52% from $16.5 to $2.54M, EBIT increased 24.55% from -$464 to -$350.1, and total revenue increased 2.26% from $44.12M to $45.12M.
D
Sell
11/9/2022Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 11/9/2022 due to a decline in the volatility index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 11/9/2022 due to a decline in the volatility index.
D
Sell
10/21/2022Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 10/21/2022 due to an increase in the volatility index, total return index and valuation index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 10/21/2022 due to an increase in the volatility index, total return index and valuation index.
D
Sell
10/6/2022Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 10/6/2022 due to a decline in the volatility index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 10/6/2022 due to a decline in the volatility index.
D
Sell
9/16/2022Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 9/16/2022 due to an increase in the volatility index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 9/16/2022 due to an increase in the volatility index.
D
Sell
8/31/2022Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 8/31/2022 due to a decline in the volatility index and total return index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 8/31/2022 due to a decline in the volatility index and total return index.
D
Sell
8/15/2022Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 8/15/2022 due to an increase in the growth index and valuation index. Operating cash flow increased 100.35% from -$4.67M to $16.5, EBIT increased 69.56% from -$1.52M to -$464, and earnings per share increased from -$0.0489 to -$0.0188.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 8/15/2022 due to an increase in the growth index and valuation index. Operating cash flow increased 100.35% from -$4.67M to $16.5, EBIT increased 69.56% from -$1.52M to -$464, and earnings per share increased from -$0.0489 to -$0.0188.
D
Sell
5/13/2022Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 5/13/2022 due to a decline in the solvency index, total return index and volatility index. Debt to equity increased from 0.09 to 0.17, and the quick ratio declined from 0.87 to 0.38.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 5/13/2022 due to a decline in the solvency index, total return index and volatility index. Debt to equity increased from 0.09 to 0.17, and the quick ratio declined from 0.87 to 0.38.
D
Sell
5/5/2022Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 5/5/2022 due to an increase in the valuation index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 5/5/2022 due to an increase in the valuation index.
D
Sell
4/20/2022Downgrade
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 4/20/2022 due to a decline in the total return index and volatility index.
Nova Cannabis Inc. (NOVC.TO) was downgraded to D- from D on 4/20/2022 due to a decline in the total return index and volatility index.
D
Sell
4/1/2022Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 4/1/2022 due to an increase in the valuation index and solvency index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D from D- on 4/1/2022 due to an increase in the valuation index and solvency index.
D
Sell
12/1/2021Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to D- from E+ on 12/1/2021 due to a significant increase in the total return index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to D- from E+ on 12/1/2021 due to a significant increase in the total return index.
E
Sell
9/1/2021Upgraded
Nova Cannabis Inc. (NOVC.TO) was upgraded to E+ from E on 9/1/2021 due to an increase in the solvency index and total return index.
Nova Cannabis Inc. (NOVC.TO) was upgraded to E+ from E on 9/1/2021 due to an increase in the solvency index and total return index.
E
Sell
8/18/2021None
Nova Cannabis Inc. (NOVC.TO) was downgraded to E from U on 08/18/2021.
Nova Cannabis Inc. (NOVC.TO) was downgraded to E from U on 08/18/2021.
