(CNCJO-B) Concejo (publ) - Ratings and Ratios

Concejo AB (publ) is a Swedish company that specializes in fire safety products and systems, offering a comprehensive range of solutions, including preventive measures, detection, alarms, and support systems, primarily catering to the oil and gas, and power and energy sectors. Beyond its core business, the company is also involved in property development, site analysis, acquisitions, and sales, as well as capital market activities and asset management services.

With a history dating back to its incorporation in 1993, initially under the name Consilium AB (publ), Concejo AB has established itself as a significant player in its industry. Now a subsidiary of Platanen Holding AB, the company is headquartered in Nacka, Sweden, and maintains an online presence through its website at https://concejo.se.

From a market perspective, Concejo ABs stock (Ticker Symbol: CNCJO-B) is categorized under the Security & Alarm Services sub-industry according to the GICS classification. As a common stock originating from Sweden, its market performance is subject to both local and global economic factors.

Analyzing the provided technical data, Concejo ABs stock is currently priced at 40.70 SEK, slightly below its 20-day Simple Moving Average (SMA) of 41.52 SEK but above its 50-day SMA of 40.52 SEK. The 200-day SMA stands at 41.79 SEK, indicating a longer-term downtrend. The Average True Range (ATR) is 1.43, equivalent to 3.52% of the current price, suggesting moderate volatility. The stock has seen a 52-week high of 54.20 SEK and a low of 32.60 SEK, indicating a significant range of price movement over the past year.

Fundamentally, Concejo AB has a market capitalization of 479.61M SEK. The absence of a reported P/E ratio, coupled with a forward P/E of 23.58, may indicate either a recent loss or anticipated future earnings growth. The Return on Equity (RoE) stands at -4.31%, suggesting that the company is currently operating at a loss in terms of equity.

Forecasting Concejo ABs stock performance involves integrating both technical and fundamental analyses. Given the current technical indicators, the stock appears to be in a consolidation phase, potentially setting up for a move towards its 200-day SMA. Fundamentally, the negative RoE is a concern, but the forward P/E suggests market expectations of future profitability. Assuming the company can turn around its current losses, a potential target could be the 52-week high of 54.20 SEK. However, failure to address current losses could lead to further downward pressure, potentially testing the 52-week low of 32.60 SEK. A cautious approach would be to monitor the stocks ability to sustain above its 50-day SMA and watch for signs of improved profitability.