(DOXA) Doxa - Ratings and Ratios

Doxa AB is a Swedish real estate investment company with a diversified portfolio of properties across various sectors, including offices, sports and event spaces, hotels, and residential units, both domestically and internationally. The companys comprehensive services extend to contracting and project development, as well as property management and ownership of related companies. With its headquarters in Malmö, Sweden, and incorporated in 1987, Doxa AB has established itself as a significant player in the real estate industry.

Analyzing the companys stock performance, its evident that Doxa ABs shares have experienced significant volatility, with a 52-week high of 1.37 SEK and a low of 0.33 SEK. The current price of 0.43 SEK is below the 20-day Simple Moving Average (SMA) of 0.45 SEK, indicating a potential downward trend. However, the Average True Range (ATR) of 0.03 SEK, representing 6.69% of the current price, suggests that the stock is experiencing moderate volatility.

From a fundamental perspective, Doxa ABs market capitalization stands at 558.56M SEK, with a negative Return on Equity (RoE) of -47.15%, indicating that the company is currently unprofitable. The absence of a Price-to-Earnings (P/E) ratio, both current and forward, further emphasizes the companys negative earnings. This suggests that investors should exercise caution when considering an investment in Doxa AB.

Based on the available technical and fundamental data, a forecast for Doxa ABs stock performance is cautiously bearish. The stocks current price is below its 20-day SMA, and the 50-day SMA is at 0.43 SEK, indicating a potential consolidation. However, the 200-day SMA at 0.64 SEK suggests a longer-term downtrend. Considering the companys negative RoE and lack of profitability, its likely that the stock will continue to experience downward pressure. A potential support level is seen at the 52-week low of 0.33 SEK, while resistance is expected around the 52-week high of 1.37 SEK. Investors should closely monitor the stocks performance and adjust their strategies accordingly.