(ATT) Attendo (publ) - Ratings and Ratios

Attendo AB (publ) is a leading provider of health and care services in Scandinavia and Finland, offering a comprehensive range of services including nursing homes, home care, and specialized care for individuals with various disabilities or care needs. The companys extensive service portfolio caters to diverse client requirements, from dementia and physical care to neuropsychiatric and psychosocial impairments.

With a strong presence in the region, Attendo AB (publ) has established itself as a key player in the healthcare sector, leveraging its expertise to deliver high-quality care services. The companys business model is focused on providing personalized care, rehabilitation, and supportive housing services, which are critical to addressing the complex needs of its clients.

From a technical analysis perspective, Attendos stock (ATT) is currently trading at 62.50 SEK, slightly above its 20-day simple moving average (SMA20) of 62.08 SEK, indicating a stable short-term trend. The stocks 50-day SMA (60.78 SEK) and 200-day SMA (53.50 SEK) suggest a longer-term uptrend. With an average true range (ATR) of 1.71 SEK, representing a 2.74% daily volatility, the stock is experiencing moderate price fluctuations.

Using the available fundamental data, we can infer that Attendo AB (publ) has a market capitalization of approximately 9.3 billion SEK, with a price-to-earnings (P/E) ratio of 18.68, indicating a relatively stable valuation. The companys return on equity (RoE) stands at 9.85%, suggesting a decent level of profitability. By combining these fundamental insights with the technical data, we can forecast that Attendos stock may continue its upward trend, potentially reaching the 52-week high of 65.00 SEK in the near term, driven by the companys strong market presence and stable financial performance.

Based on the analysis, a potential trading strategy could involve buying Attendos stock on dips towards the SMA20 (62.08 SEK) and selling on rallies towards the 52-week high (65.00 SEK), with a stop-loss below the SMA50 (60.78 SEK) to limit potential losses. This strategy would need to be closely monitored and adjusted according to changing market conditions.