Xinyi Solar Holdings Limited shares have recently benefited from a buyers' comeback, which was accompanied by a rise in volumes and volatility. This situation suggests a continuation of the upward dynamic. Investors have an opportunity to buy the stock and target the HKD 19.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The group's activity appears highly profitable thanks to its outperforming net margins.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts covering this company mostly recommend stock overweighting or purchase.
The tendency within the weekly time frame is positive above the technical support level at 8.2 HKD
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
The company's earnings releases usually do not meet expectations.
Based on current prices, the company has particularly high valuation levels.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
ę MarketScreener.com 2020
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