Ovation Science Inc. (OVATF) Stock

About Ovation Science Inc.

Ovation Science Inc. specializes in the manufacturing of cannabis and hemp-derived products, distributing them across Canada, the United States, and Mexico. Central to its operations is Invisicare, a proprietary, patented drug delivery system. This advanced technology is incorporated into topical and transdermal skincare products, which feature hemp seed oil and cannabis, and are marketed under the Ovation and BASKiN brands. Beyond this core technology, the company offers a range of other solutions: health and wellness products infused with cannabidiol (CBD) under the Invibe MD name, CBD-focused skincare solutions branded as ARLO CBD, and hand sanitizers known as DermSafe. Furthermore, Ovation Science Inc. possesses various sublicenses for cannabis-related offerings and oversees the Lighthouse platform, which caters to licensed dispensaries throughout the United States. The firm was established in 2017 and maintains its primary corporate offices in Vancouver, Canada.

Ovation Science Inc. is headquartered in CA.

Ovation Science Inc. (OVATF) stock trades at $0.04 with a market capitalization of $1.54M. The stock is valued at a price-to-earnings (P/E) ratio of -1.76, price-to-book of -0.73, price-to-sales of 17.53. Over the past 52 weeks the stock has ranged between $0.01 and $0.08, and currently trades 50.0% below its 52-week high.

On profitability, Ovation Science Inc. generates a return on equity (ROE) of 42.69% — well above the market average, a sign of a high-quality business, return on capital employed of 37.05%, an operating margin of -893.99%, a net profit margin of -934.20%.

Official website: ovationscience.com