(ALM-PREF) ALM Equity Pfd. - Ratings and Ratios

ALM Equity AB (publ) is a Swedish real estate company specializing in the acquisition, development, and management of properties. The company operates through three core segments: Development, Contracting, and Management. Its services include land and property acquisition, zoning and planning, concept development, and sales. Additionally, ALM Equity provides turnkey contract services, encompassing design, production, and delivery of properties. The company also manages, leases, and operates properties, offering a flexible platform adaptable to varying project scales and demands. Founded in 1997 and headquartered in Stockholm, ALM Equity has established itself as a key player in Swedens real estate market.

From a technical perspective, ALM Equity AB Pfd. (ST:ALM-PREF) is currently trading at 80.70 SEK, closely aligned with its 20-day moving average of 80.30 and 50-day moving average of 80.62. The stock is slightly below its 200-day moving average of 81.97, indicating a neutral to slightly bearish trend. The Average True Range (ATR) of 1.58 reflects moderate volatility, while the average 20-day volume of 25,187 shares suggests limited trading activity. The stocks price action is currently near its key moving averages, with no strong directional bias evident.

On the fundamental side, ALM Equity AB Pfd. has a market capitalization of 2,876.10M SEK. The forward P/E ratio of 3.71 indicates undervaluation relative to future earnings expectations, while the P/B ratio of 0.97 suggests the stock is trading near its book value. The P/S ratio of 0.92 points to a reasonable valuation based on sales. However, the negative return on equity (RoE) of -34.36% raises concerns about profitability and shareholder value creation.

3-Month Forecast: Based on the convergence of its 20-day and 50-day moving averages at 80.30 and 80.62, respectively, ALM-PREF is likely to experience sideways trading with potential stabilization near the 81.00 level. The stocks proximity to its 200-day moving average of 81.97 suggests limited upside in the near term. Support is expected at 80.00, with resistance at 82.50. The low ATR of 1.58 indicates that volatility will remain subdued, with price movements confined to a narrow range. Fundamentally, the forward P/E of 3.71 and P/B of 0.97 suggest the stock may be undervalued, but the negative RoE of -34.36% could weigh on investor sentiment and limit upward momentum.