The declining trend in the stock price that has been seen for a number of trading sessions, should not be expected to reach a turning point over the coming days. Investors should open a short trade and target the $ 20.
The share is getting closer to its long-term support in weekly data, at USD 23.36, which offers good timing for buyers.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
The company returns high margins, thereby supporting business profitability.
This company will be of major interest to investors in search of a high dividend stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company's earnings releases usually do not meet expectations.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the past seven days, analysts have been lowering their EPS expectations for the company.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
For the past year, analysts have significantly revised downwards their profit estimates.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 34.88 USD
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