AtoS SE : Helped by a technical support level
Entry price | Target | Stop-loss | Potential |
---|
€121.9 |
€129 |
€117.8 |
+5.82% |
---|
The recent downward movement has sent AtoS SE shares back to attractive levels situated around 121.5 EUR. This zone could put an end to the downward movement and offers a good timing for new long positions.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The close medium term support offers good timing for purchasing the stock.
● The company is in a robust financial situation considering its net cash and margin position.
● As regards fundamentals, the enterprise value to sales ratio is at 0.94 for the current period. Therefore, the company is undervalued.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 115.95 EUR
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