Post by
wildbird1 on Feb 28, 2021 11:10am
Two is a very low P/E ratio.
Is it a coincidence that immediately after the German interview (16 Feb 2021), there was very big volume traded and the SP jumped from 0.18$ to 0.38$, in just two trading days.
Could it be two very important things that M.Gunter mentioned in this interview.
1) First things mentioned..." Datametrex has a P/E of two"...(two is a very low P/E ratio).
The P/E ratio, or price-to-earnings ratio(stock price of a company divided by its earning per share) is a quick way to see if a stock is undervalued or overvalued, and generally speaking, the lower the P/E ratio is, the better it is for Datametrex and investors.
2) Second things mentioned " We are now closer to acheiving a "Positive EBITDA". Institutions and big investors love company with a positive EBITDA ( combined with a very low P/E ratio= bingo).
You shouldn't just zero in on the P/E ratio or the Positive EBITDA when you're deciding whether to buy shares. There are many other metrics to consider, like earnings charts, and sales figures.
Datametrex has record earnings and record sales quarters after quarters.
Datametrex has everything that institutions and big investors love(and much more), the big volume lately could indicate that some of them took an interest in Datametrex.
The future is looking great.