(EEX) Emerald Expositions Events - Ratings and Ratios

Emerald Expositions Events Inc (NYSE:EEX) is a leading B2B event organizer in the United States, providing a diverse range of services including trade shows, conferences, and digital media products to various industries. The companys extensive portfolio encompasses B2C showcases, a robust hosted buyer platform, and industry-specific business news and information. Additionally, Emerald Expositions offers e-commerce and digital merchandising solutions through its Elastic Suite and Bulletin platforms, catering to the needs of manufacturers and retailers.

With its headquarters in New York, Emerald Expositions has established itself as a prominent player in the advertising industry, specifically within the GICS Sub Industry. The companys business model is designed to facilitate connections between businesses, providing a platform for industry professionals to network, exchange ideas, and stay updated on the latest developments in their respective sectors.

Analyzing the available and , we can observe that the stock has shown signs of recovery, with its last price at $4.85, above its SMA20 and SMA50. The ATR indicates a relatively stable volatility. Considering the , the companys Market Cap stands at $936.63M USD, with a high P/E ratio, suggesting that the stock might be overvalued. However, the forward P/E ratio is significantly higher, indicating potential for growth.

Based on the available data, a forecast for Emerald Expositions Events Inc can be constructed. With the stock currently trading above its short-term and long-term moving averages, a potential bullish trend can be identified. If the stock continues to trade above its SMA50, it may target the 52W High of $6.59. However, if it falls below the SMA50, a decline towards the 52W Low of $3.28 is possible. Considering the high P/E ratio, the stocks growth potential may be limited in the short term, but the companys diversified services and expanding digital presence could drive long-term growth.