(RAKE) Raketech Holding - Ratings and Ratios

Raketech Group Holding PLC is a global affiliate and performance marketing company that specializes in providing online casino and betting solutions. The company operates a diverse portfolio of comparison, community, guide, and social media products that cater to various regional markets, including Sweden, Canada, Italy, Spain, Brazil, Chile, and the Netherlands. Through its various websites, such as CasinoGuide.se, CasinoFeber.se, and CasinoFever.ca, Raketech provides users with casino reviews, industry news, and promotional offers, generating revenue through affiliate marketing and performance-based models.

The companys business model is centered around connecting online casino and betting operators with potential customers, leveraging its expertise in search engine optimization, content creation, and user experience to drive traffic and conversions. Raketechs client base includes prominent sports streaming providers, game studios, and international betting and casino operators, positioning the company as a key player in the online gaming industry.

Analyzing the and , we can infer that Raketechs stock has experienced significant volatility, with a 52-week high of 11.46 and a low of 2.91, which is also its current last price. The short-term moving averages (SMA20 and SMA50) indicate a downtrend, while the long-term SMA200 suggests a potential reversal. The Average True Range (ATR) of 0.27 represents 9.27% of the last price, indicating moderate volatility.

Considering the , Raketechs Market Cap stands at 171.85M SEK, with a forward P/E ratio of 6.68, suggesting a relatively low valuation. However, the Return on Equity (RoE) is -66.94, indicating significant losses. To forecast the stocks performance, we can combine the technical and fundamental analysis. Assuming the company can stabilize its losses and improve its RoE, a potential reversal in the long-term trend could be expected. If the stock price breaks above the SMA20 and SMA50, it could be a bullish signal, targeting the SMA200 at 5.24. Conversely, if the downtrend continues, the stock may retest its 52-week low. A more detailed analysis of the companys financials and industry trends would be necessary to provide a more accurate forecast.

Based on the available data, a possible forecast for Raketechs stock price could be a gradual recovery towards the SMA200 at 5.24, contingent on the companys ability to address its losses and improve its financial performance. However, this would require a significant improvement in the companys RoE and a sustained upward trend in the stock price.