Elastron (Greece) Analysis

Elastron Stock Analysis Notes

About 38.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. Elastron SA last dividend was issued on the 24th of August 2022. The entity had 1:2 split on the 17th of September 2010. Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products and insulated composite panels worldwide. The company was founded in 1958 and is based in Aspropyrgos, Greece. ELASTRON S operates under Steel Iron classification in Greece and is traded on Athens Stock Exchange. It employs 124 people. To learn more about Elastron SA call Athanasios Kalpinis at 30 210 55 15 000 or check out https://www.elastron.gr.

Elastron SA Investment Alerts

Elastron Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elastron's market, we take the total number of its shares issued and multiply it by Elastron's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Elastron Profitablity

The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.

Technical Drivers

As of the 22nd of March, Elastron shows the Mean Deviation of 1.23, semi deviation of 1.2, and Downside Deviation of 1.53. Elastron SA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Elastron SA Price Movement Analysis

Elastron Outstanding Bonds

Elastron Predictive Daily Indicators

Elastron Forecast Models

Elastron's time-series forecasting models are one of many Elastron's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elastron's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Elastron prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elastron shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Elastron. By using and applying Elastron Stock analysis, traders can create a robust methodology for identifying Elastron entry and exit points for their positions.

When running Elastron's price analysis, check to measure Elastron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elastron is operating at the current time. Most of Elastron's value examination focuses on studying past and present price action to predict the probability of Elastron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastron's price. Additionally, you may evaluate how the addition of Elastron to your portfolios can decrease your overall portfolio volatility.