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.
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 NOK 190.1 NOK in weekly data.
The close medium term support offers good timing for purchasing the stock.
For several months, analysts have been revising their EPS estimates roughly upwards.