Strategy published on : 06/11/2018 | 09:26
long tradeStop-loss triggered
Entry price : 19.22€
Target : 21€
Stop-loss : 18.3€
Potential : 9.26%
The timing from a technical point of view appears attractive to go long in shares of Albioma and to anticipate a trend reversal.
Investors have an opportunity to buy the stock and target the € 21.
● The share is getting closer to its long-term support in weekly data, at EUR 18.75, which offers good timing for buyers.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The group's high margin levels account for strong profits.
● The group usually releases upbeat results with huge surprise rates.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● The company is in a hindered financial situation with significant debt and rather low EBITDA levels.