ELMOS Semiconductor
ELG
Delayed Frankfurt - 06/15 05:36:26 pm
25.85EUR
-2.82%

Technically solid

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Ulrich Ebensperger
Financial Analyst

Strategy published on : 06/12/2018 | 08:53

long trade
Live

Entry price : 26.5€
Target : 29.2€
Stop-loss : 23.8€
Potential : 10.19%

The timing appears opportune to go long in shares of ELMOS Semiconductor AG as we anticipate another pick-up in the underlying trend.
Investors have an opportunity to buy the stock and target the € 29.2.

Summary

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

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● The company returns high margins, thereby supporting business profitability.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 23.08 EUR

Zonebourse.com 2018
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