can be bought if sustains above 200DMA

28 มิ.ย. 2020

We can go buy nath biogenes if it sustains above 200DMA

Technical: the stock has surged more than 65% in 5 weeks. The price is back above 50-200 DMA. no surprises on volume front

Fundamental:
This stock shows great sales and profit growth.

3 years of sales growth - 17.4%
3 years of profit growth - 39.4%

Margins are at 20%, not sure how high it can go however if there is good sales growth, profits can keep rising.

Debt is up 20%, nothing really to worry about.

TTM earnings up 31%, there might an earnings surprise in next quarter however if that doesn't happen, we can see higher prices. by my estimates, the stock can rise at least 50-60% from here given the fact that earnings keep coming relative positive. with the current sales and profits growth trajectory also, we can see around 80-100% in 1-2 years