Post by
savyinvestor333 on Feb 01, 2021 6:22pm
Other Highlights from the report
Investors should consider 2 scenarios, either one of which should indicate the stock could move significantly higher this year:
Based on a recent price of $1.99, the stock trades under 7x our FY22 forecast, which is a 50% discount to its peer group.
Comment by
jtmoney on Feb 01, 2021 8:58pm
Also their Fy22 numbers don't include any additional acquisitions. So lots of room for them to keep raising the price target. glta
Comment by
Moemoney42 on Feb 01, 2021 9:49pm
Today was a text book trading day.. sold off throughout the day on a good report then the last 1/2 hr strong buying into the close.. I'd say enough stop losses were captured thoughout the day to satisfy the next move higher.. good volume I might add too.. time to close the last tuckin.. announce another and move to that target price of $3.25.. ;-)