(ALLIGO-B) Alligo Series - Ratings and Ratios

Alligo AB Series B is a Swedish common stock listed under the ticker symbol ALLIGO-B, operating within the Trading Companies & Distributors GICS sub-industry. The company is a leading distributor of workwear, personal protection equipment, tools, and consumables across Sweden, Norway, and Finland, catering to a diverse customer base that includes small and medium-sized enterprises, large industrial companies, and the public sector.

The companys extensive product portfolio encompasses personal protective equipment and clothing, tools, consumables, workplace equipment, fixings, industrial and welding products, and flow technology, among others. Alligo AB operates under a mix of self-owned brands, such as Bjornklader, Gesto, Univern, and Swedol, alongside external brands, serving various sectors including manufacturing, construction, and agriculture.

With a history dating back to 1963 and headquartered in Stockholm, Sweden, Alligo AB has established itself as a significant player in the Nordic region. The companys name change from Momentum Group AB to Alligo AB in December 2021 marked a rebranding effort, potentially signaling a new strategic direction.

Analyzing the provided technical data, ALLIGO-Bs last price stands at 117.40 SEK, with a 20-day simple moving average (SMA20) of 113.27 SEK and a 50-day SMA of 118.37 SEK. The stocks 200-day SMA is 128.48 SEK, indicating a longer-term downtrend. The Average True Range (ATR) is 4.53, representing a 3.86% volatility measure. The stock has seen a 52-week high of 152.24 SEK and a low of 105.49 SEK, suggesting significant price fluctuations.

From a fundamental perspective, Alligo AB has a market capitalization of 5417.31M SEK, with a price-to-earnings (P/E) ratio of 20.22 and a return on equity (RoE) of 7.39%. The absence of a forward P/E ratio makes it challenging to assess future earnings expectations.

Forecasting the stocks performance based on the available data, the current technical indicators suggest a potential short-term bullish trend given the stock price is above its SMA20 and near its SMA50. However, the stocks position below its SMA200 indicates a longer-term bearish trend. Considering the fundamental data, the companys RoE of 7.39% may be seen as relatively modest, potentially impacting investor sentiment. Given these factors, a cautious outlook is warranted, and investors may want to monitor the stocks ability to break through resistance levels and sustain a trend above its SMA200. A potential trading strategy could involve watching for a breakout above 128.48 SEK, aligning with its SMA200, or a drop below key support levels, adjusting investment decisions accordingly.