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 14.25 EUR in weekly data.
The close medium term support offers good timing for purchasing the stock.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.13 for the 2019 fiscal year.
Its low valuation, with P/E ratio at 6.3 and 5.87 for the ongoing fiscal year and 2020 respectively, makes the stock pretty attractive with regard to earnings multiples.
For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
Low profitability weakens the company.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
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 underlying tendency is negative on the weekly chart below the resistance at 25.18 EUR