(NELLY) Nelly - Ratings and Ratios

Nelly Group AB is a Swedish fashion company operating across the Nordics and internationally, offering a diverse range of products including clothing, accessories, beauty products, and sportswear under the Nelly brand, with a particular focus on womens lingerie and swimwear. The company has a strong online presence through Nelly.com and NLYman.com, complemented by a physical store network. With a history dating back to 1936, Nelly Group AB has evolved significantly, including a name change from Qliro Group AB in November 2020, and is headquartered in Borås, Sweden.

From a market perspective, Nelly Group AB is classified under the Internet & Direct Marketing Retail sub-industry, with its common stock listed under the ticker symbol NELLY. The companys business model, combining e-commerce with physical retail, positions it well in the competitive fashion retail landscape. Its brand portfolio and multi-channel sales strategy are key assets in driving growth and customer engagement.

Analyzing the technical data, Nelly Group ABs stock is currently trading at 43.55 SEK, slightly above its 20-day Simple Moving Average (SMA) of 43.00 SEK, indicating a potential short-term stability. The stock has shown a positive trend, being above both its 50-day SMA of 39.24 SEK and 200-day SMA of 32.05 SEK, suggesting a longer-term uptrend. The Average True Range (ATR) of 2.07 SEK, or 4.76%, indicates moderate volatility. Given the 52-week high and low of 47.50 SEK and 16.58 SEK, respectively, the stock is currently nearing the upper end of its recent trading range.

Fundamentally, Nelly Group AB has a market capitalization of 1424.21M SEK, with a Price-to-Earnings (P/E) ratio of 14.05 and a forward P/E of 15.46, suggesting the stock is reasonably valued relative to its earnings. The Return on Equity (RoE) of 44.20% is notably high, indicating strong profitability relative to shareholder equity. These metrics collectively suggest that Nelly Group AB is efficiently generating profits and has a solid financial foundation.

Forecasting future performance, based on the technical and fundamental data, Nelly Group ABs stock appears poised for potential growth. The uptrend indicated by its SMA analysis, combined with a strong RoE and reasonable P/E ratio, suggests that the company is in a good position to continue delivering value to shareholders. If the stock can break through its 52-week high of 47.50 SEK, it may signal further upside potential. Conversely, a drop below the 50-day SMA could indicate a reversal in the short-term trend. Therefore, a likely forecast is that Nelly Group AB will continue on its current growth trajectory, with potential for short-term fluctuations around its current price level.