Industry

We have written a 19-page Update Report on DCM. The communications and marketing solutions provider continues its “Digital-First” strategy and leveraging its existing platforms for direct-to-print applications, marketing and workflow management, and DAM solutions. Revenue was $56.9M, up 3.1% from $55.2M in Q2/2021. Adjusted EBITDA was $9.4M and improved cash flow reduced debt in the quarter by $2.8M. We are maintaining a Buy rating and increasing the one-year price target to $3.75/share from $3.60/share. [more]

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about eResearch’s Update Report on Xortx Therapeutics pertaining to the Company’s recent $21 million financing and U.S. listing. [more]

New 25-page Update Equity Research Report on XORTX, with a Buy rating and one-year price target of $26.00/share. The Company has two potential late-stage drugs in development focused on kidney diseases with one drug that could be approved within the next 18 months and the other drug that could have an orphan drug indication on the market in 2025. [more]

This is an update article to the original “Chart of the Day” report on Suncor from September 20, 2021. Suncor’s stock price is up 19% in 3 weeks. [more]

Edgewater and CMC announced a Memorandum of Understanding (MOU) for expanded technology sharing of Edgewater’s Spectrum Slicing technology for the next-generation, high density, Wi-Fi solutions. The goal of this agreement is to accelerate the commercialization of Edgewater’s Spectrum Slicing silicon solutions for use in IoT applications. [more]

Although, EQ reported that its revenue continued to be negatively impacted by the COVID-19 pandemic, revenue for Q2/2021, was $3.0 million, an increase of 74% when compared to $1.7 million in the same quarter a year ago, and slightly higher than our estimate of $2.98 million. [more]

The Energy sector has not performed well over the past ten years. One of the laggards in the last few years is Suncor. This can be attributed to its almost singular focus on its oil sands projects. But, Suncor is now seriously evaluating non-fossil fuels opportunities. If Suncor can break above the Chart’s declining down trend-line, this would be very favourable for the stock, with greater expectations for further appreciation. [more]

Revenue was down 20% year-over-year as COVID-19 sales bump eases. Moovly’s sales for the quarter were $0.30 million, a decrease of 20%, compared to $0.37 million in the same quarter a year ago, and lower than our estimate of $0.70 million. We are lowering our sales estimates and target price but still believe there are large revenue opportunities with Enterprise clients and Marketing agencies. [more]