Illiquid and Unprofitable: 4 Small Stocks That Could Drop

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‘Cash is King' and without the necessary capital a company's survival is questionable. Pair this with a largely negative net income and over-speculation from the market, and you've got yourself a highly risky stock, which include these four companies.
Electrovaya Inc. (TSX: EFL) - $0.38Electrical Components & Equipment
Electrovaya Inc. is a Canada-based company engaged in designing, developing and manufacturing Lithium Ion SuperPolymer batteries, battery systems and energy storage related products for the clean electric transportation, portable energy, utility scale energy storage, smart grid power, consumer and healthcare markets. The Company's technology includes a manufacturing process that does not use toxic chemicals.
  • Market Cap: $30,106,715
  • Cash and Short Term Investments: $1,662,000
  • Net Income: -$5,790,819
  • EV/EBITDA: 1,090.9x
Read about the other three small stocks that could drop here.
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