Autoneum Holding AG : The technical rebound to run out of steam
| Entry price | Target | Stop-loss | Potential |
|---|
|
CHF 112.1 |
CHF 97.7 |
CHF 120 |
+12.85% |
|---|
The recovery seen over the last trading sessions, should come to an end in the current trading zone due to the technical chart pattern for stocks in Autoneum Holding AG.
Summary● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
● The stock, which is currently worth 2019 to 0.51 times its sales, is clearly overvalued in comparison with peers.
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● 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 past seven days, analysts have been lowering their EPS expectations for 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.
● For the past year, analysts have significantly revised downwards their profit estimates.
● The underlying tendency is negative on the weekly chart below the resistance at 140.6 CHF
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AUTONEUM HOLDING AG 
