(BONG) Bong (publ) - Ratings and Ratios

Bong AB (publ) is a venerable packaging solutions provider with a 280+ year history, operating in multiple regions including Central Europe, South Europe, North Africa, Nordics, and the United Kingdom. The companys product portfolio includes a range of light packaging and envelope solutions catering to e-commerce, retail, and other sectors. Notably, their offerings encompass expanders and pockets, such as kraft paper mailers, cushioned paper mailers, and air bubble mailers, as well as corrugated and flexible packaging. The company also provides gift and carrier bag solutions, and manufactures envelopes in various shapes and sizes.

With a strong brand presence through names like e-Green, AirPro Green, AirPro, and Tyvek, Bong AB (publ) has established itself as a significant player in the packaging industry. The companys long history, dating back to 1737, and its base in Kristianstad, Sweden, belie a modern and adaptable business model. As a provider of solutions for the distribution and packaging of information, advertising materials, and lightweight goods, Bong is well-positioned to capitalize on trends in e-commerce and sustainable packaging.

Analyzing the available , we observe that the stocks last price is 0.75 SEK, with short-term moving averages (SMA20 and SMA50) indicating a stable trend around 0.71 SEK. However, the long-term SMA200 at 0.79 SEK suggests a potential resistance level. The Average True Range (ATR) of 0.05 SEK, or 6.46%, indicates moderate volatility. Considering the 52-week high and low of 0.89 SEK and 0.63 SEK, respectively, the current price is near the middle of this range.

From a fundamental perspective, Bong AB (publ) has a market capitalization of 152.07M SEK. The absence of P/E and P/E Forward values complicates traditional valuation, but the negative Return on Equity (RoE) of -2.12% is a concern, suggesting the company is currently unprofitable. However, this could be a temporary setback or a result of strategic investments.

Combining technical and fundamental insights, a potential forecast for Bong AB (publ) could involve a cautious outlook. If the company can address its profitability issues, a break above the 0.79 SEK resistance level could signal a bullish trend. Conversely, failure to improve profitability and a drop below the 0.63 SEK support level could indicate further downside. A more precise forecast would require additional data, but based on current information, a hold stance may be prudent, awaiting clearer signs of profitability and trend direction.