This week saw BEACN Wizardry & Magic Inc's stock experience significant downward movement.
BEACN Wizardry & Magic Inc (BECN.V) has faced a challenging week, with its stock price declining by 20%. This performance marks a notable downturn for the company, reflecting broader trends in the consumer discretionary sector.
Investor takeaway: Investors should note the increased trading volume, which is significantly above average, suggesting heightened interest or activity in the stock despite its declining price.
Advertisement
BEACN Wizardry & Magic Inc
BECN.V
BECN.V
BEACN Wizardry & Magic Inc
WealthAwesomeMarket cap
$1.26M
52W high
$0.06
52W low
$0.02
1W change
-20.00%
Beta
0.92
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BECN's historical volatility
30-Day Vol
273.5%
Annualized
90-Day Vol
173.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.02
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.02 | C$0.01 – C$0.05 |
| 60 trading days | C$0.02 | C$0.00 – C$0.07 |
| 90 trading days | C$0.02 | C$0.00 – C$0.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
BEACN Wizardry & Magic Inc's stock down 20% this week.
The stock is currently trading at C$0.02, significantly lower than its 50-day and 200-day moving averages of C$0.03.
Bull case
There may be a potential turnaround if the company can improve its operational efficiency and address its substantial losses, especially as the consumer discretionary sector evolves.
Bear case
Continued losses, indicated by a high negative profit margin and return on equity, could further pressure the stock, particularly if market conditions do not improve.
Weekly Price Action
This week, BEACN Wizardry & Magic Inc's stock closed at C$0.02, remaining unchanged on the last trading day but down 20% over the past week. The decline reflects ongoing challenges the company faces within the consumer discretionary sector.
Technical Picture
Advertisement
The technical indicators for BEACN show that the stock is trading below both its 50-day and 200-day moving averages, which are both at C$0.03. With a 52-week range of C$0.02 to C$0.06, the current price is at the lower end of this spectrum. The stock's beta of 0.92 suggests it is slightly less volatile than the market. Additionally, the trading volume this week was 149,585 shares, which is 3.52 times the 20-day average volume of 42,475 shares, indicating increased trading activity.
Insider Activity
No significant insider activity has been reported this week for BEACN Wizardry & Magic Inc.
Fundamental Overview
BEACN Wizardry & Magic Inc has a market capitalization of approximately C$1.26 million. The company has a profit margin of -81.0% and a return on equity (ROE) of -6133.2%. The earnings per share (EPS) for the trailing twelve months stands at -C$0.02, highlighting the financial challenges the company is currently facing.
Price Action Summary
As of the last close, BEACN Wizardry & Magic Inc's stock price is C$0.02, unchanged for the day but down 20% for the week. The significant drop and increased trading volume suggest that investors are closely monitoring the company's performance and outlook.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
