(CLA-B) Cloetta (publ) - Ratings and Ratios

Cloetta AB (publ) (ST:CLA-B), established in 1862 and headquartered in Sundbyberg, Sweden, is a leading confectionery company with operations in Branded Packaged Products and Pick & Mix segments. The companys product portfolio includes a wide range of sweets such as pralines, chocolates, and other confectionery items under various brands. Additionally, Cloetta trades nuts under the Parrots brand and distributes its products through multiple channels across several European countries.

From a technical perspective, the stocks average 20-day volume is 385,530, with a last price of 27.66 SEK. The stock is currently trading above its 20 and 50-day SMAs but below the 200-day SMA, indicating potential short-term strength. The ATR of 0.78 suggests low volatility, implying modest price movements in the near term.

Fundamentally, Cloetta has a market cap of 7723.76M SEK, with a P/E ratio of 16.49 and a P/S ratio of 0.90, indicating a reasonable valuation relative to its revenue. The RoE of 8.78% reflects moderate profitability. The high P/E may suggest market expectations for future growth.

3-Month Forecast: The stock is expected to test the 200-day SMA resistance. If it breaks above, it could target higher levels; failure to do so may lead to a correction. The low ATR indicates limited volatility. Fundamentals support moderate growth, with the P/S ratio suggesting a reasonable valuation. Overall, the outlook is neutral with potential upside based on technical and fundamental factors.