The company has poor 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 2.07 EUR in weekly data.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
The group usually releases upbeat results with huge surprise rates.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The company has insufficient levels of profitability.
The company is in debt and has limited leeway for investment
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Below the resistance at 2.64 EUR, the stock shows a negative configuration when looking looking at the weekly chart.