This web-based application provides a straightforward assessment of delisting risk for NASDAQ-listed equities based on two primary criteria: minimum bid price and market capitalization thresholds.
According to NASDAQ regulations, a listed security is subject to delisting procedures under the following conditions:
1. The closing bid price remains below $1.00 for 30 consecutive trading days.
2. The market capitalization remains below $35 million for 30 consecutive trading days.
The application retrieves the past 30 trading days of data for a specified ticker symbol via the Yahoo Finance API, calculates the corresponding market capitalization, and visualizes both price and capitalization trends over time.
A risk assessment is provided based on the number of days below each threshold, with clear indication of whether the security is currently in compliance or approaching a potential delisting trigger.
https://delisting-risk-app-v5gtb7yxussldvq3qqyhvt.streamlit.app/
