Sinch AB : The trend should continue
BUY
Repli_rebond
Target price hit
Entry price | Target | Stop-loss | Potential |
---|
SEK 916 |
SEK 1,057 |
SEK 845 |
+15.39% |
---|
Sinch AB (publ) 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.
● For a short-term investment strategy, the company has poor fundamentals.
Strengths● The prospective high growth for the next fiscal years is among the main assets of the company
● The group usually releases upbeat results with huge surprise rates.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● The stock is in a well-established, long-term rising trend above the technical support level at 552 SEK
Weaknesses● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 149.77 times its estimated earnings per share for the ongoing year.
● For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
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