(ATIC) Actic - Ratings and Ratios

Actic Group AB is a leading operator of gyms and wellness facilities across Sweden, Norway, and Germany, providing a diverse range of services including gym and swim clubs, standalone fitness clubs, outdoor training, and digital training solutions for both individual and corporate clients. Their comprehensive offerings extend to swimming training, aqua training, and water gymnastics, as well as group training sessions and lectures on health and exercise. The company also caters to corporate customers by offering customized training packages for their employees. Additionally, Actic Group AB has expanded its revenue streams through e-commerce, selling dietary supplements and training apparel online.

With a rich history dating back to 1981 and headquartered in Solna, Sweden, Actic Group AB has established itself as a significant player in the leisure facilities sector. The companys commitment to promoting health and wellness is evident in its diverse range of services and products. As a publicly traded company listed on the Stockholm Stock Exchange (Ticker Symbol: ATIC), Actic Group ABs financial performance and growth prospects are subject to scrutiny by investors and analysts alike.

From a technical analysis perspective, Actic Group ABs stock has demonstrated a strong upward trend, with the current price of 20.60 SEK exceeding both the 20-day and 50-day Simple Moving Averages (SMA20: 16.50, SMA50: 13.52). The stocks Average True Range (ATR) of 1.95 indicates a moderate level of volatility, equivalent to 9.47% of the current price. Given the stocks 52-week high and low of 23.40 SEK and 4.39 SEK, respectively, the current price suggests a significant recovery from the lows, albeit still below the peak. Considering the fundamental data, the companys Market Capitalization stands at 408.46M SEK, with a Price-to-Earnings (P/E) ratio of 78.04, indicating a relatively high valuation. The Return on Equity (RoE) of 3.19% suggests that the company is not generating exceptionally high returns on shareholder equity.

Forecasting the future performance of Actic Group ABs stock involves integrating both technical and fundamental analysis. The stocks technical indicators suggest a bullish trend, with the price above key moving averages. However, the high P/E ratio and relatively low RoE may temper expectations for significant earnings growth. Assuming the company can maintain its current growth trajectory and improve its profitability, a potential target price could be 25-30 SEK in the next 6-12 months, representing a 20-45% increase from the current price. Conversely, failure to meet growth expectations or a decline in profitability could lead to a correction, potentially testing the support levels around 16-18 SEK.