Schweiter Technologies AG : Big comeback of buyers
Entry price | Target | Stop-loss | Potential |
---|
CHF 1,186 |
CHF 1,300 |
CHF 1,166 |
+9.61% |
---|
Schweiter Technologies AG shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
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 company is in a robust financial situation considering its net cash and margin position.
● Historically, the company has been releasing figures that are above expectations.
● This company will be of major interest to investors in search of a high dividend stock.
● Sales forecast by analysts have been recently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
Weaknesses● The stock is close to a major daily resistance at CHF 1262, which should be gotten rid of so as to gain new appreciation potential.
● The firm trades with high earnings multiples: 24.13 times its 2018 earnings per share.
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