(BEAMMW-B) Beammwave - Ratings and Ratios

BeammWave AB (publ) is a Swedish technology firm specializing in the development of single radio chips with fully integrated antennas, catering to a diverse range of applications including mobile devices, fixed wireless customer premises equipment (CPEs), and base stations. Since its inception in 2017, the company has established its headquarters in Lund, Sweden, and operates with a focus on innovative wireless technology solutions. For more information, visit their official website at https://beammwave.com.

As a player in the Semiconductors sub-industry, BeammWaves stock (BEAMMW-B) is listed as a common stock. The companys financials and stock performance are closely monitored, given its niche yet critical role in the tech industry. With a market capitalization of 191.38M SEK, BeammWaves financial health and growth prospects are subjects of interest among investors.

Analyzing the technical data, BeammWaves stock has shown a significant upward trend, with the last price recorded at 10.75 SEK. The stocks short-term (SMA20: 6.62) and long-term (SMA50: 5.36, SMA200: 4.81) moving averages indicate a bullish trend, suggesting the stocks price has been consistently rising over various periods. The Average True Range (ATR) of 0.73, equivalent to 6.77% of the last price, signifies moderate volatility. The stock has reached its 52-week high of 10.75 and has more than quadrupled from its 52-week low of 2.06, highlighting a substantial recovery or growth.

From a fundamental analysis perspective, BeammWaves negative P/E ratio and forward P/E indicate that the company is currently not profitable. The Return on Equity (RoE) stands at -36.93%, reinforcing the notion that the company is in a growth phase or facing challenges that impact its profitability. Despite these challenges, the companys innovative technology and expanding applications could be positive drivers for future growth.

Forecasting BeammWaves stock performance involves integrating both technical and fundamental data. Given the bullish trend indicated by the moving averages and the stocks price action, theres a potential for continued growth if the company can demonstrate progress towards profitability or significant advancements in its technology. However, the negative RoE and lack of profitability are risks that could impact investor sentiment. A potential target could be set by analyzing the trend and volatility; for instance, a 10% to 20% increase could be a short-term target, considering the ATR and the current price momentum. Nonetheless, investors should closely monitor the companys financial reports and industry developments for a more informed investment decision.