Morepen Laboratories Limited

Long morepen on minor pullbacks

211
We can go buy morepen on minor pullbacks

Technical: the stock has surged more than 100% in 5 weeks. The price is back above 50-200 DMA. highest weekly volume since 2018. These are good signs

Fundamental:
This stock shows good sales and profit growth.

3 years of sales growth - 16.6%
3 years of profit growth - 18.9%
Margins are at 8%, there is more room for margin growth, their income has increased due to the minimization of debt(interest payments were eating up the profits). Debt is down by 90%(great sign). If the margins sustain or go higher we can see higher profits and further price appreciation

TTM earnings up 17%, there might be a negative earnings surprise in next quarter however if that doesn't happen, we can see higher prices

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.