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 USD 34.7 USD in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 34.67 support.
The stock, which is currently worth 2021 to 0.31 times its sales, is clearly overvalued in comparison with peers.
Its low valuation, with P/E ratio at 9.26 and 8.4 for the ongoing fiscal year and 2022 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 company sustains low margins.
Analysts covering the stock have recently lowered their earnings forecast.
For the last few months, analysts have been revising downwards their earnings forecast.
Below the resistance at 45.35 USD, the stock shows a negative configuration when looking looking at the weekly chart.