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 EUR 11.44 EUR in weekly data.
The close medium term support offers good timing for purchasing the stock.
The company shows low valuation levels, with an enterprise value at 0.17 times its sales.
Its low valuation, with P/E ratio at 3.91 and 3.82 for the ongoing fiscal year and 2020 respectively, makes the stock pretty attractive with regard to earnings multiples.
This company will be of major interest to investors in search of a high dividend stock.
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.
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 group usually releases earnings worse than estimated.
Revenue estimates are regularly revised downwards for the current and coming years.
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 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
Below the resistance at 13.86 EUR, the stock shows a negative configuration when looking looking at the weekly chart.