DANIELI & C. OFFICIN

DAN
Real-time Estimate Quote. Real-time Estimate  - 04/20 09:20:09 am
20.875EUR -2.45%

Danieli & C. Officine Meccaniche S.p.A. : Technically solid

04/07/2021 | 07:52am
Eduardo Yusseppe Quiñonez Diaz
Junior Analyst

Strategy published on : 04/07/2021 | 07:52

long trade
Live

Entry price : 21.55€
Target : 26.5€
Stop-loss : 18€
Potential : 22.97%

The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Investors have an opportunity to buy the stock and target the € 26.5.

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.

● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.27 for the 2021 fiscal year.

● The tendency within the weekly time frame is positive above the technical support level at 15.38 EUR


Weaknesses

● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

● The company does not generate enough profits, which is an alarming weak point.

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

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

● For the past year, analysts have significantly revised downwards their profit estimates.

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