Post by
jastoneII on Mar 07, 2019 11:11am
Record Earnings Reported and the Stock Price Declines
While the earning reported yesterday were good, they have failed to budge to share price upwards. At net income of $0.54 US for the year, the current P/E is around 22. I view this P/E as fair given management's lack of a stated 2019 earnings target.