Real-time CHI-X EUROPE LIMITED. - 05/26 08:39:50 am

Catena Media plc : The beginning of the move

Envoyer par e-mail
Gallien Girardot

Strategy published on : 05/20/2020 | 05:37

long trade

Entry price : 21.3SEK
Target : 33.54SEK
Stop-loss : 16.5SEK
Potential : 57.46%

The return of higher trading volumes and volatility could reflect theoretically the starting point of the return of a new upward move for shares in Catena Media plc. The upward movement can be expected to continue.
Investors have an opportunity to buy the stock and target the SEK 33.54.


● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


● Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.


● Stock prices approach a strong long-term resistance in weekly data at SEK 25.12.

● The company is in debt and has limited leeway for investment

● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 25.12 SEK

© 2020
Envoyer par e-mail