NFLX Stock Forecast: Exit The Netflix Content Wars or Buy on Dips?
This AVY Stock Forecast article was written by Opher Joseph – Financial Analyst, I Know First.
Summary:
- NFLX is preparing to scale down its business expecting to lose further subscribers in the coming periods.
- The Cash to Debt ratio of the company is 41% and the Debt to Equity ratio is 83% which indicates a heavy debt on the books of the company.
- NFLX has also laid-off 150 staffers and also has issued a "culture" memo to its employees.