(ALMGI) Mg Internation - Ratings and Ratios

MG International S.A. is a French company specializing in the production and distribution of equipment for public and private swimming pools, operating under the umbrella of Maytronics Ltd. The company, founded in 1983 and headquartered in La Ciotat, France, offers a diverse range of products including cleaning robots, pool covers, alarms, and safety products under various brand names such as Precisio, Aquaarm, Sensor Premium, and Sensor Spy. Its product portfolio is designed to cater to the needs of both residential and commercial pool owners, focusing on safety, maintenance, and overall swimming experience enhancement.

From a market perspective, MG International S.A. operates within the Household Appliances sub-industry, as classified by the GICS. The companys stock is listed under the ticker symbol ALMGI, making it accessible to investors looking to tap into the consumer discretionary sector, particularly those interested in companies that manufacture products for leisure and household use.

Analyzing the stocks recent performance, it is evident that MG International S.A.s shares have been subject to fluctuations. With a current price of 3.54 EUR, the stock is slightly above its 20-day Simple Moving Average (SMA) of 3.33 EUR, indicating a potential short-term bullish trend. However, it remains below its 200-day SMA of 4.36 EUR, suggesting that the long-term trend is still bearish. The Average True Range (ATR) stands at 0.08 EUR, or 2.35%, signifying moderate volatility. Given these technical indicators, a potential trading strategy could involve monitoring the stocks ability to break through resistance levels, particularly around the 52-week high of 5.73 EUR.

From a fundamental standpoint, MG International S.A. has a market capitalization of 16.51 million EUR, with a Price-to-Earnings (P/E) ratio of 11.85, indicating that the stock might be undervalued relative to its earnings. The Return on Equity (RoE) stands at 16.05%, suggesting that the company is generating a decent return for its shareholders. The absence of a forward P/E ratio complicates the assessment of future earnings expectations, but the current metrics suggest a potentially attractive investment opportunity for those looking for undervalued stocks with reasonable profitability.

Forecasting the stocks future performance involves synthesizing both technical and fundamental data. Given the current technical indicators and fundamental metrics, a plausible short-term forecast could involve a potential price adjustment towards the 20-day SMA, followed by a possible upward movement if the stock can gain momentum and break through the 50-day SMA of 3.60 EUR. In the longer term, a sustained break above the 200-day SMA could signal a reversal of the bearish trend, potentially driving the price towards the 52-week high. Investors should closely monitor the companys future earnings reports and overall market conditions to adjust their strategies accordingly.