stock was trading on 15 P/E multiple just right before quarterly report ( was about $5.85 with expected $0.36 qrt earnings expectations )
recent quarterly surprise of $5 puts that stock in $90's range with that P/E assumption, that is a huge change in valuation.
recent quarterly surprise of $5 puts that stock in $90's range with that P/E assumption, that is a huge change in valuation.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.