(GLO) GL Events - Ratings and Ratios

GL Events SA is a multifaceted events company that operates through three primary divisions: GL Events Live, GL Events Exhibitions, and GL Events Venues, providing comprehensive event management services, including venue provision, event design, and staging for corporate, institutional, and sports events. The company has established a strong presence in the events industry, managing a diverse portfolio of trade shows, consumer fairs, and venues across various sectors.

With its headquarters in Lyon, France, GL Events SA was founded in 1978 and has since evolved to become a leading player in the global events industry. The companys expertise spans multiple areas, including event production, venue management, and logistics, making it a one-stop-shop for clients seeking to host complex events. As a subsidiary of Polygone SA, GL Events SA has a solid foundation to continue its growth trajectory.

From a technical analysis perspective, GL Events SAs stock has shown a positive trend, with its last price of 26.40 EUR being close to its 52-week high of 26.45 EUR. The stocks SMA20, SMA50, and SMA200 are 25.74, 23.73, and 19.96, respectively, indicating a bullish trend. The ATR of 0.64 (2.41%) suggests moderate volatility. Based on this technical data, it is likely that the stock will continue its upward momentum, potentially reaching 28 EUR in the short term.

Fundamentally, GL Events SAs market capitalization stands at 774.02M EUR, with a P/E ratio of 10.78 and a RoE of 30.14, indicating a relatively undervalued stock with strong profitability. The companys financial health and growth prospects are promising, driven by its diversified business model and strong industry position. Combining this fundamental data with the technical analysis, a forecast for the stock price could be around 30 EUR in the next 6-12 months, assuming the company continues to deliver strong financial performance and the overall market conditions remain favorable.

Overall, GL Events SAs unique blend of event management services, diversified business model, and strong financials position it for continued growth and success in the events industry. As the company continues to expand its operations and improve its profitability, investors may find the stock an attractive opportunity for long-term gains.