A promising stock to buy ??[Doubt] [Smart]
Introduction:
A dry bulk shipping company. It's business involve transportation of dry bulk cargo including ore,coal, grains and fertilizer through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessel and new building are chartered-out on fixed rate time charters and indexlinked time charter contract.
Key ratios[Like]
-revenue and net income (adj) increasing trend
-roe(adj) increased to 35.07 % latest
-diluted EPS adj increased to 3.12 from 2.73
-total debt to equity ratio 0.739
-fcf increase to 340
Technical[Call]
-dropped below ema 200 in early July
-rising trend with higher low price
-currently cross above ema200
Why this stock
- strong fundamental background
- technical wise increasing trend
-next earning report on 31/8/22[YoYo]
But the current price is considered "overvalued" for me, but overall it's another promising stock.
So, ls it a buy for you?[DOGE]
Comments