E.ON
EOAN
Real-time TRADEGATE AG - 12/13 06:40:10 pm
9.215EUR
+1.15%

The technical rebound to run out of steam

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Ulrich Ebensperger
Financial Analyst

Strategy published on : 12/04/2018 | 09:15

short sell
Stop-loss triggered

Entry price : 9.085€
Target : 8.29€
Stop-loss : 9.22€
Potential : 8.75%

The technical rebound should come to an end when reaching the current resistance zone while the bearish movement should once again gain in force.
Investors should open a short trade and target the € 8.29.

Summary

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● As regards fundamentals, the enterprise value to sales ratio is at 0.91 for the current period. Therefore, the company is undervalued.

● 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.


Weaknesses

● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

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

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

Zonebourse.com 2018
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