● The company has solid fundamentals for a short-term investment strategy.
Strengths
● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at AUD 1.82 AUD in weekly data.
● The company returns high margins, thereby supporting business profitability.
● The group usually releases upbeat results with huge surprise rates.
● The company is one of the best yield companies with high dividend expectations.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 1.82 AUD
Weaknesses
● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● One of the major weak points of the company is its financial situation.
● Based on current prices, the company has particularly high valuation levels.
● Most analysts recommend that the stock should be sold or reduced.