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HESTER BIOSCIENCES LTD.
Buy, Hold or Sell?

Let's analyse Hester together

PenkeI guess you are interested in HESTER BIOSCIENCES LTD.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of HESTER BIOSCIENCES LTD.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hester (30 sec.)










What can you expect buying and holding a share of Hester? (30 sec.)

How much money do you get?

How much money do you get?
INR0.48
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR343.70
Expected worth in 1 year
INR461.20
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR157.50
Return On Investment
11.5%

For what price can you sell your share?

Current Price per Share
INR1,373.90
Expected price per share
INR1,293 - INR1,467
How sure are you?
50%

1. Valuation of Hester (5 min.)




Live pricePrice per Share (EOD)

INR1,373.90

Intrinsic Value Per Share

INR-631.52 - INR-746.78

Total Value Per Share

INR-287.82 - INR-403.08

2. Growth of Hester (5 min.)




Is Hester growing?

Current yearPrevious yearGrowGrow %
How rich?$35m$32m$2.9m8.5%

How much money is Hester making?

Current yearPrevious yearGrowGrow %
Making money$3.1m$4.7m-$1.5m-47.7%
Net Profit Margin10.0%16.7%--

How much money comes from the company's main activities?

3. Financial Health of Hester (5 min.)




What can you expect buying and holding a share of Hester? (5 min.)

Welcome investor! Hester's management wants to use your money to grow the business. In return you get a share of Hester.

What can you expect buying and holding a share of Hester?

First you should know what it really means to hold a share of Hester. And how you can make/lose money.

Speculation

The Price per Share of Hester is INR1,374. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hester.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hester, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR343.70. Based on the TTM, the Book Value Change Per Share is INR29.37 per quarter. Based on the YOY, the Book Value Change Per Share is INR36.95 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR10.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hester.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.380.0%0.380.0%0.550.0%0.480.0%0.480.0%
Usd Book Value Change Per Share0.350.0%0.350.0%0.440.0%0.820.1%0.820.1%
Usd Dividend Per Share0.120.0%0.120.0%0.120.0%0.110.0%0.110.0%
Usd Total Gains Per Share0.470.0%0.470.0%0.560.0%0.930.1%0.930.1%
Usd Price Per Share18.25-18.25-32.58-20.69-20.69-
Price to Earnings Ratio48.58-48.58-58.75-42.66-42.66-
Price-to-Total Gains Ratio38.62-38.62-57.83-34.99-34.99-
Price to Book Ratio4.42-4.42-8.64-6.21-6.21-
Price-to-Total Gains Ratio38.62-38.62-57.83-34.99-34.99-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share16.4868
Number of shares60
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.120.11
Usd Book Value Change Per Share0.350.82
Usd Total Gains Per Share0.470.93
Gains per Quarter (60 shares)28.3556.07
Gains per Year (60 shares)113.40224.27
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1298510326198214
25816921653396438
38625432979594662
4115338442105792886
51444235551319901110
617350866815811881334
720259278118413861558
823067789421015841782
9259761100723717822006
10288846112026319802230

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%

Fundamentals of Hester

About HESTER BIOSCIENCES LTD.

Hester Biosciences Limited manufactures and trades in veterinary vaccines and animal health products in India and internationally. It operates through Poultry Healthcare, Animal Healthcare, and Petcare, and Others segments. The company provides poultry vaccines for newcastle disease, infectious bronchitis, infectious bursal disease, fowl pox, fowl typhoid, egg drop syndrome, reo, marek's disease, infectious coryza, fowl cholera, mycoplasma gallisepticum, inclusion body hepatitis, avian coccidiosis, and avian encephalomyelitis. It also offers livestock vaccines for goat pox, peste des petits ruminants, brucellosis, contagious bovine pleuropneumonia, and lumpy skin diseases. In addition, the company provides animal health products, such as biosecurity and therapeutic solutions, herbal supplements, homeopathic remedies, and feed supplements. Further, it offers various pet care products, including gut health solutions, NSAIDs, joint care formulations, parasiticide solutions, coat nutrition, grooming aids, and anti-infective formulations. Additionally, the company provides enzyme-linked immunosorbent assay and polymerase chain reaction diagnostic kits. Hester Biosciences Limited was incorporated in 1987 and is headquartered in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-03-23 10:57:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of HESTER BIOSCIENCES LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hester earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of 10.0% means that ₹0.10 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 10.0%. The company is making a huge profit. +2
  • The TTM is 10.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.0%TTM10.0%0.0%
TTM10.0%YOY16.7%-6.7%
TTM10.0%5Y16.4%-6.4%
5Y16.4%10Y16.4%0.0%
1.1.2. Return on Assets

Shows how efficient Hester is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • 4.9% Return on Assets means that Hester generated ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 4.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.9%TTM4.9%0.0%
TTM4.9%YOY7.0%-2.1%
TTM4.9%5Y8.3%-3.5%
5Y8.3%10Y8.3%0.0%
1.1.3. Return on Equity

Shows how efficient Hester is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • 9.1% Return on Equity means Hester generated ₹0.09 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 9.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.1%TTM9.1%0.0%
TTM9.1%YOY15.1%-6.0%
TTM9.1%5Y15.4%-6.3%
5Y15.4%10Y15.4%0.0%

1.2. Operating Efficiency of HESTER BIOSCIENCES LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hester is operating .

  • Measures how much profit Hester makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of 15.8% means the company generated ₹0.16  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 15.8%. The company is operating efficient. +1
  • The TTM is 15.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ15.8%TTM15.8%0.0%
TTM15.8%YOY23.4%-7.6%
TTM15.8%5Y25.5%-9.7%
5Y25.5%10Y25.5%0.0%
1.2.2. Operating Ratio

Measures how efficient Hester is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 1.18 means that the operating costs are ₹1.18 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 1.179. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.179. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.179TTM1.1790.000
TTM1.179YOY1.053+0.126
TTM1.1795Y1.034+0.145
5Y1.03410Y1.0340.000

1.3. Liquidity of HESTER BIOSCIENCES LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hester is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 1.67 means the company has ₹1.67 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 1.668. The company is able to pay all its short-term debts. +1
  • The TTM is 1.668. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.668TTM1.6680.000
TTM1.668YOY2.010-0.342
TTM1.6685Y2.226-0.558
5Y2.22610Y2.2260.000
1.3.2. Quick Ratio

Measures if Hester is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 0.72 means the company can pay off ₹0.72 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 0.718. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.718. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.718TTM0.7180.000
TTM0.718YOY0.585+0.133
TTM0.7185Y0.699+0.018
5Y0.69910Y0.6990.000

1.4. Solvency of HESTER BIOSCIENCES LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hester assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hester to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.46 means that Hester assets are financed with 46.4% credit (debt) and the remaining percentage (100% - 46.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 0.464. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.464. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.464TTM0.4640.000
TTM0.464YOY0.524-0.060
TTM0.4645Y0.455+0.010
5Y0.45510Y0.4550.000
1.4.2. Debt to Equity Ratio

Measures if Hester is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 86.7% means that company has ₹0.87 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of HESTER BIOSCIENCES LTD.:

  • The MRQ is 0.867. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.867. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.867TTM0.8670.000
TTM0.867YOY1.134-0.267
TTM0.8675Y0.864+0.003
5Y0.86410Y0.8640.000

2. Market Valuation of HESTER BIOSCIENCES LTD.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Hester generates.

  • Above 15 is considered overpriced but always compare Hester to the Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of 48.58 means the investor is paying ₹48.58 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of HESTER BIOSCIENCES LTD.:

  • The EOD is 43.894. Based on the earnings, the company is overpriced. -1
  • The MRQ is 48.576. Based on the earnings, the company is overpriced. -1
  • The TTM is 48.576. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD43.894MRQ48.576-4.682
MRQ48.576TTM48.5760.000
TTM48.576YOY58.745-10.170
TTM48.5765Y42.656+5.920
5Y42.65610Y42.6560.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of HESTER BIOSCIENCES LTD.:

  • The EOD is -21.577. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -23.879. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -23.879. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-21.577MRQ-23.879+2.302
MRQ-23.879TTM-23.8790.000
TTM-23.879YOY-26.580+2.701
TTM-23.8795Y14.563-38.442
5Y14.56310Y14.5630.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hester is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A PB ratio of 4.42 means the investor is paying ₹4.42 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of HESTER BIOSCIENCES LTD.:

  • The EOD is 3.997. Based on the equity, the company is fair priced.
  • The MRQ is 4.424. Based on the equity, the company is fair priced.
  • The TTM is 4.424. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.997MRQ4.424-0.426
MRQ4.424TTM4.4240.000
TTM4.424YOY8.638-4.215
TTM4.4245Y6.208-1.784
5Y6.20810Y6.2080.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of HESTER BIOSCIENCES LTD. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--29.37429.3740%36.953-21%68.740-57%68.740-57%
Book Value Per Share--343.701343.7010%314.327+9%278.218+24%278.218+24%
Current Ratio--1.6681.6680%2.010-17%2.226-25%2.226-25%
Debt To Asset Ratio--0.4640.4640%0.524-11%0.455+2%0.455+2%
Debt To Equity Ratio--0.8670.8670%1.134-24%0.864+0%0.864+0%
Dividend Per Share--10.00010.0000%10.0000%9.131+10%9.131+10%
Eps--31.30131.3010%46.221-32%40.230-22%40.230-22%
Free Cash Flow Per Share---63.673-63.6730%-102.155+60%-31.364-51%-31.364-51%
Free Cash Flow To Equity Per Share---14.586-14.5860%28.958-150%5.422-369%5.422-369%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---746.776--------
Intrinsic Value_10Y_min---631.517--------
Intrinsic Value_1Y_max---54.293--------
Intrinsic Value_1Y_min---52.757--------
Intrinsic Value_3Y_max---178.783--------
Intrinsic Value_3Y_min---168.568--------
Intrinsic Value_5Y_max---322.145--------
Intrinsic Value_5Y_min---294.513--------
Market Cap11687574954.000-11%12934262889.25012934262889.2500%23098690534.500-44%14670684173.050-12%14670684173.050-12%
Net Profit Margin--0.1000.1000%0.167-40%0.164-39%0.164-39%
Operating Margin--0.1580.1580%0.234-33%0.255-38%0.255-38%
Operating Ratio--1.1791.1790%1.053+12%1.034+14%1.034+14%
Pb Ratio3.997-11%4.4244.4240%8.638-49%6.208-29%6.208-29%
Pe Ratio43.894-11%48.57648.5760%58.745-17%42.656+14%42.656+14%
Price Per Share1373.900-11%1520.4501520.4500%2715.300-44%1724.570-12%1724.570-12%
Price To Free Cash Flow Ratio-21.577+10%-23.879-23.8790%-26.580+11%14.563-264%14.563-264%
Price To Total Gains Ratio34.894-11%38.61638.6160%57.831-33%34.988+10%34.988+10%
Quick Ratio--0.7180.7180%0.585+23%0.699+3%0.699+3%
Return On Assets--0.0490.0490%0.070-30%0.083-42%0.083-42%
Return On Equity--0.0910.0910%0.151-40%0.154-41%0.154-41%
Total Gains Per Share--39.37439.3740%46.953-16%77.872-49%77.872-49%
Usd Book Value--35085840.00035085840.0000%32087280.000+9%28401197.059+24%28401197.059+24%
Usd Book Value Change Per Share--0.3520.3520%0.443-21%0.825-57%0.825-57%
Usd Book Value Per Share--4.1244.1240%3.772+9%3.339+24%3.339+24%
Usd Dividend Per Share--0.1200.1200%0.1200%0.110+10%0.110+10%
Usd Eps--0.3760.3760%0.555-32%0.483-22%0.483-22%
Usd Free Cash Flow---6499920.000-6499920.0000%-10428240.000+60%-3201743.465-51%-3201743.465-51%
Usd Free Cash Flow Per Share---0.764-0.7640%-1.226+60%-0.376-51%-0.376-51%
Usd Free Cash Flow To Equity Per Share---0.175-0.1750%0.347-150%0.065-369%0.065-369%
Usd Market Cap140250899.448-11%155211154.671155211154.6710%277184286.414-44%176048210.077-12%176048210.077-12%
Usd Price Per Share16.487-11%18.24518.2450%32.584-44%20.695-12%20.695-12%
Usd Profit--3195240.0003195240.0000%4718400.000-32%4106761.805-22%4106761.805-22%
Usd Revenue--31930920.00031930920.0000%28200720.000+13%25842340.277+24%25842340.277+24%
Usd Total Gains Per Share--0.4720.4720%0.563-16%0.934-49%0.934-49%
 EOD+3 -5MRQTTM+0 -0YOY+13 -205Y+11 -2410Y+11 -24

3.2. Fundamental Score

Let's check the fundamental score of HESTER BIOSCIENCES LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1543.894
Price to Book Ratio (EOD)Between0-13.997
Net Profit Margin (MRQ)Greater than00.100
Operating Margin (MRQ)Greater than00.158
Quick Ratio (MRQ)Greater than10.718
Current Ratio (MRQ)Greater than11.668
Debt to Asset Ratio (MRQ)Less than10.464
Debt to Equity Ratio (MRQ)Less than10.867
Return on Equity (MRQ)Greater than0.150.091
Return on Assets (MRQ)Greater than0.050.049
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of HESTER BIOSCIENCES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.292
Ma 20Greater thanMa 501,378.938
Ma 50Greater thanMa 1001,430.638
Ma 100Greater thanMa 2001,477.628
OpenGreater thanClose1,419.000
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets5,458,150
Total Liabilities2,534,330
Total Stockholder Equity2,923,820
 As reported
Total Liabilities 2,534,330
Total Stockholder Equity+ 2,923,820
Total Assets = 5,458,150

Assets

Total Assets5,458,150
Total Current Assets2,275,920
Long-term Assets3,297,670
Total Current Assets
Cash And Cash Equivalents 43,010
Short-term Investments 183,070
Net Receivables 796,310
Inventory 792,160
Other Current Assets 374,570
Total Current Assets  (as reported)2,275,920
Total Current Assets  (calculated)2,189,120
+/- 86,800
Long-term Assets
Property Plant Equipment 2,539,840
Intangible Assets 28,400
Other Assets 76,680
Long-term Assets  (as reported)3,297,670
Long-term Assets  (calculated)2,644,920
+/- 652,750

Liabilities & Shareholders' Equity

Total Current Liabilities1,364,700
Long-term Liabilities1,169,630
Total Stockholder Equity2,923,820
Total Current Liabilities
Short Long Term Debt 809,250
Accounts payable 287,110
Other Current Liabilities 320,790
Total Current Liabilities  (as reported)1,364,700
Total Current Liabilities  (calculated)1,417,150
+/- 52,450
Long-term Liabilities
Long term Debt 833,970
Capital Lease Obligations Min Short Term Debt61,690
Other Liabilities 422,470
Long-term Liabilities Other 240,000
Long-term Liabilities  (as reported)1,169,630
Long-term Liabilities  (calculated)1,558,130
+/- 388,500
Total Stockholder Equity
Retained Earnings 2,422,680
Other Stockholders Equity 114,480
Total Stockholder Equity (as reported)2,923,820
Total Stockholder Equity (calculated)2,537,160
+/- 386,660
Other
Capital Stock85,070
Common Stock Shares Outstanding 8,507
Net Debt 1,600,210
Net Invested Capital 4,567,040
Net Working Capital 795,780
Property Plant and Equipment Gross 2,539,840



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
2,994,514
3,844,767
4,110,490
5,621,610
5,458,150
5,458,1505,621,6104,110,4903,844,7672,994,51400
   > Total Current Assets 
799,674
984,474
1,416,553
1,593,100
1,615,050
1,947,630
2,275,920
2,275,9201,947,6301,615,0501,593,1001,416,553984,474799,674
       Cash And Cash Equivalents 
0
0
416,691
230,853
208,070
242,730
43,010
43,010242,730208,070230,853416,69100
       Short-term Investments 
0
0
0
3,020
2,930
14,000
183,070
183,07014,0002,9303,020000
       Net Receivables 
265,843
324,283
332,369
584,360
492,120
552,800
796,310
796,310552,800492,120584,360332,369324,283265,843
       Inventory 
334,115
397,573
507,852
639,670
622,220
753,820
792,160
792,160753,820622,220639,670507,852397,573334,115
       Other Current Assets 
85,336
127,066
168,254
123,040
218,760
286,650
374,570
374,570286,650218,760123,040168,254127,06685,336
   > Long-term Assets 
0
0
1,567,742
2,268,590
2,495,440
3,673,980
3,297,670
3,297,6703,673,9802,495,4402,268,5901,567,74200
       Property Plant Equipment 
1,232,058
1,413,817
1,513,916
2,209,391
2,442,790
3,373,920
2,539,840
2,539,8403,373,9202,442,7902,209,3911,513,9161,413,8171,232,058
       Intangible Assets 
0
0
4,799
3,931
4,210
20,450
28,400
28,40020,4504,2103,9314,79900
       Long-term Assets Other 
0
0
0
0
10
-10
37,250
37,250-10100000
> Total Liabilities 
0
0
1,182,963
1,779,837
1,750,900
2,947,670
2,534,330
2,534,3302,947,6701,750,9001,779,8371,182,96300
   > Total Current Liabilities 
380,139
546,316
486,607
834,660
613,660
968,970
1,364,700
1,364,700968,970613,660834,660486,607546,316380,139
       Short Long Term Debt 
0
0
314,218
440,428
215,660
579,100
809,250
809,250579,100215,660440,428314,21800
       Accounts payable 
74,696
78,989
87,516
200,230
280,860
180,180
287,110
287,110180,180280,860200,23087,51678,98974,696
       Other Current Liabilities 
77,448
135,562
74,793
183,470
82,310
188,980
320,790
320,790188,98082,310183,47074,793135,56277,448
   > Long-term Liabilities 
0
0
696,356
966,444
1,137,240
1,978,690
1,169,630
1,169,6301,978,6901,137,240966,444696,35600
       Capital Lease Obligations Min Short Term Debt
0
0
3,273
64,761
56,300
58,840
61,690
61,69058,84056,30064,7613,27300
       Long-term Liabilities Other 
0
0
5,740
0
-10
-10
240,000
240,000-10-1005,74000
> Total Stockholder Equity
0
0
1,774,584
2,010,721
2,283,090
2,599,850
2,923,820
2,923,8202,599,8502,283,0902,010,7211,774,58400
   Common Stock
85,069
85,069
85,069
85,070
85,070
85,070
0
085,07085,07085,07085,06985,06985,069
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
22,183
24,978
82,486
106,160
89,550
99,330
114,480
114,48099,33089,550106,16082,48624,97822,183



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue2,660,910
Cost of Revenue-774,860
Gross Profit1,886,0501,886,050
 
Operating Income (+$)
Gross Profit1,886,050
Operating Expense-2,361,770
Operating Income299,140-475,720
 
Operating Expense (+$)
Research Development0
Selling General Administrative316,640
Selling And Marketing Expenses0
Operating Expense2,361,770316,640
 
Net Interest Income (+$)
Interest Income21,730
Interest Expense-93,200
Other Finance Cost-21,730
Net Interest Income-93,200
 
Pretax Income (+$)
Operating Income299,140
Net Interest Income-93,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)401,540299,140
EBIT - interestExpense = 327,080
266,270
359,470
Interest Expense93,200
Earnings Before Interest and Taxes (EBIT)420,280494,740
Earnings Before Interest and Taxes (EBITDA)701,690
 
After tax Income (+$)
Income Before Tax401,540
Tax Provision-121,190
Net Income From Continuing Ops280,350280,350
Net Income266,270
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses654,620
Total Other Income/Expenses Net093,200
 

Technical Analysis of Hester
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hester. The general trend of Hester is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hester's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of HESTER BIOSCIENCES LTD..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1,444 < 1,444 < 1,467.

The bearish price targets are: 1,293.

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HESTER BIOSCIENCES LTD. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of HESTER BIOSCIENCES LTD.. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

HESTER BIOSCIENCES LTD. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of HESTER BIOSCIENCES LTD.. The current macd is -12.80682145.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hester price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Hester. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Hester price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
HESTER BIOSCIENCES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartHESTER BIOSCIENCES LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of HESTER BIOSCIENCES LTD.. The current adx is 26.17.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hester shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
HESTER BIOSCIENCES LTD. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of HESTER BIOSCIENCES LTD.. The current sar is 1,307.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
HESTER BIOSCIENCES LTD. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of HESTER BIOSCIENCES LTD.. The current rsi is 45.29. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
HESTER BIOSCIENCES LTD. Daily Relative Strength Index (RSI) ChartHESTER BIOSCIENCES LTD. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of HESTER BIOSCIENCES LTD.. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hester price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
HESTER BIOSCIENCES LTD. Daily Stochastic Oscillator ChartHESTER BIOSCIENCES LTD. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of HESTER BIOSCIENCES LTD.. The current cci is 35.27.

HESTER BIOSCIENCES LTD. Daily Commodity Channel Index (CCI) ChartHESTER BIOSCIENCES LTD. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of HESTER BIOSCIENCES LTD.. The current cmo is -6.14697943.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
HESTER BIOSCIENCES LTD. Daily Chande Momentum Oscillator (CMO) ChartHESTER BIOSCIENCES LTD. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of HESTER BIOSCIENCES LTD.. The current willr is -46.74556213.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Hester is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
HESTER BIOSCIENCES LTD. Daily Williams %R ChartHESTER BIOSCIENCES LTD. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of HESTER BIOSCIENCES LTD..

HESTER BIOSCIENCES LTD. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of HESTER BIOSCIENCES LTD.. The current atr is 41.03.

HESTER BIOSCIENCES LTD. Daily Average True Range (ATR) ChartHESTER BIOSCIENCES LTD. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of HESTER BIOSCIENCES LTD.. The current obv is -13,018.

HESTER BIOSCIENCES LTD. Daily On-Balance Volume (OBV) ChartHESTER BIOSCIENCES LTD. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of HESTER BIOSCIENCES LTD.. The current mfi is 38.89.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
HESTER BIOSCIENCES LTD. Daily Money Flow Index (MFI) ChartHESTER BIOSCIENCES LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for HESTER BIOSCIENCES LTD..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

HESTER BIOSCIENCES LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of HESTER BIOSCIENCES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.292
Ma 20Greater thanMa 501,378.938
Ma 50Greater thanMa 1001,430.638
Ma 100Greater thanMa 2001,477.628
OpenGreater thanClose1,419.000
Total1/5 (20.0%)
Penke

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