The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at DKK 89.18 DKK in weekly data.
The close medium term support offers good timing for purchasing the stock.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Historically, the company has been releasing figures that are above expectations.
Its low valuation, with P/E ratio at 6.53 and 6.5 for the ongoing fiscal year and 2020 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the best yield companies with high dividend expectations.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 112.8 DKK