Manutan International : The underlying trend is in force again
| Entry price | Target | Stop-loss | Potential |
|---|
|
€54 |
€55.8 |
€49.7 |
+3.33% |
|---|
The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Summary● 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.
● Historically, the company has been releasing figures that are above expectations.
● The company shows low valuation levels, with an enterprise value at 0.6 times its sales.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 12.61 for the current year.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 48.2 EUR
● Stock prices approach a strong long-term resistance in weekly data at EUR 55.75.
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MANUTAN INTERNATIONAL 
