Bertrandt shows relatively strong fundamentals and is coming back to attractive prices.
The valuation level allows it to have a real interest for investors. Added to this, the low EV/Sales ratio stand at 0.96x for the current year and a major buyer consensus.
Graphically the stock is back on an old accumulation area. Moving averages become flat and technical indicators are located in oversold zone.
The EUR 76.75 EUR could therefore generate a positive reaction in the coming sessions and allow the share to bounce towards EUR 85 resistance.
So as to make the most of a potential technical rebound of Bertrandt, it seems opportune to take a long position at the current price. A confirmation of this pattern would enable the security to reach the EUR 85 resistance. Investors should not insist under EUR 76.75 and are better off placing a stop loss order under this threshold.
On 5 July 2013, Surperformance, the 4-Traders' publisher, opened a long position of 46 stocks bought at EUR 86.33 on 29 April 2013
Bertrandt AG is a Germany-based company that develops individual solutions for the international automotive and aviation industries in Europe, China and the United States. It provides technical and commercial services throughout Germany in sectors such as electrical engineering, energy, mechanical engineering and medical technology. The Companyâs services include all process steps in the project phases of conceptual design, product design, development, modeling, tool production, vehicle construction and production planning right through to start of production and production support. Furthermore, the individual development steps are validated by simulation, prototype building and testing. The Companyâs services include: design services, interior, vehicle body, powertrain, chassis, simulation, electronics, modeling/rapid technology, testing and engineering services, among others.
BERTRANDT AG 
