(NEXAM) Nexam Chemical Holding - Ratings and Ratios

Nexam Chemical Holding AB is a Swedish company that specializes in developing innovative solutions to enhance the properties and performance of plastics, serving various industries globally, including aerospace, electronics, and engineered foams. The companys product portfolio includes a range of functional chemicals, high-temperature resins, and masterbatches under the NEXAMITE and NEXIMID brands, as well as polymer recycling and reactive recycling solutions.

With a strong presence in Europe and a growing international footprint, Nexam Chemical Holding AB has established itself as a key player in the commodity chemicals sector. The companys solutions cater to diverse applications, including polyesters, polyethylene, polyamides, and polyester foams, making it a versatile partner for industries seeking to improve their plastic-based products.

Analyzing the , we observe that the stock has been trading around 3.36 SEK, with a 20-day SMA of 3.24 SEK and a 50-day SMA of 3.26 SEK, indicating a relatively stable short-term trend. However, the 200-day SMA stands at 4.05 SEK, suggesting a longer-term downtrend. The ATR of 0.28 SEK, equivalent to 8.45% of the current price, indicates moderate volatility. Given the 52-week high and low of 5.60 SEK and 2.71 SEK, respectively, the stock appears to be trading within a established range.

From a fundamental perspective, reveals a market capitalization of 279.16M SEK and a negative RoE of -6.07, indicating that the company is currently unprofitable. The absence of P/E and P/E Forward values further supports this conclusion. To forecast the stocks performance, we must consider both the technical and fundamental aspects. Given the current technical indicators and the companys financial situation, a potential trading range for NEXAM could be between 2.90 SEK and 3.80 SEK in the short term. However, a sustained recovery would require improved profitability and a more favorable market environment.

Based on the analysis, a potential forecast for NEXAM could be: if the company can demonstrate a clear path to profitability and the technical indicators continue to stabilize, the stock may experience a moderate uptrend, potentially reaching 4.50 SEK within the next 6-12 months. Conversely, if the company fails to address its profitability concerns, the stock may continue to trade within the established range or potentially decline further.