Zacks Equity Research recently released an article highlighting the key reasons why Skylight Health Group (SLHG.v SLHGF) is a great fast-paced momentum stock:
-Delivering positive returns over the past 12 weeks (up 10.4%)
-Currently has a beta of 1.7 (ie is moving 70% higher than the market in either direction)
- Has an upward trend in earnings
- Is trading at a reasonable valuation (Quite cheap)
- Trading at 0.82 times its sales
This article was specifically talking about SLHGF, however, I think that these statements also translate to its Canadian listing, SLHG.v as well
Read here:
https://ca.finance.yahoo.com/news/fast-paced-momentum-stock-skylight-125012562.html
SLHG @ $0.63
MC $25.088M