The medium term support area around 256.6 SEK should allow Fastighets AB Balder shares to re-establish an upward trend in the short term. Investors have an opportunity to buy the stock and target the SEK 399.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
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 SEK 292.8 SEK in weekly data.
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.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The company's "enterprise value to sales" ratio is among the highest in the world.
Subsector Real Estate Development & Operations - NEC
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