● The close medium term support offers good timing for purchasing the stock.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.66 for the 2016 fiscal year.
● Its low valuation, with P/E ratio at 8.88 and 7.69 for the ongoing fiscal year and 2017 respectively, makes the stock pretty attractive with regard to earnings multiples.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Technically, the stock is driven to an oversold area. The RSI indicator confirms this situation validating the strength of sellers pressure.
Weaknesses
● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 9.5 EUR