GREY:EPWCF - Post by User
Post by
Smokey1958on Sep 08, 2021 9:06am
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Post# 33824053
News and Analyses
News and Analyses Morningstar's Fair Value sp is $.51 and its 1-star speculative valuation is $1.41 BEFORE the news. While Barchart indicators are still a SELL, their 20 Day Moving Average paints a different picture as it has changed to BUY. It will be interesting to see how the market responds to the opening of this first clinic ....knowing there is much more to come. The resistance levels are at $.46, $.48 and $.49 ....and should be easily breached as the roll out of clinics continues.
With Medisure at close to $2 million in annual revenues and 3 more clinics under construction and slated for opening in the next couple of months the annual run rate for Empower should be moving toward $10 million. At a minimum the other 4 locations with signed leases should be open before year end.
GLTE!!!