Aperam shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside. Investors have an opportunity to buy the stock and target the € 46.5.
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.
Aperam accounts for 4.97 % of our European Portfolio. A trade is currently open since 06/02/2017 with a purchase price of € 43.40. Discover the other 19 stocks of the European portfolio managed by the 4-traders portfolio management team.
As regards fundamentals, the enterprise value to sales ratio is at 0.86 for the current period. Therefore, the company is undervalued.
With a P/E ratio at 14.6 for the current year and 13.58 for next year, earnings multiples are highly attractive compared with competitors.
The company is one of the best yield companies with high dividend expectations.
Analysts covering this company mostly recommend stock overweighting or purchase.
The stock is close to a major daily resistance at EUR 47.2, which should be gotten rid of so as to gain new appreciation potential.