(SES) Scandinavian Enviro Systems - Ratings and Ratios

Scandinavian Enviro Systems AB is a pioneering company in the environmental sector, specializing in the development and operation of plants that recover valuable resources from end-of-life tires. With a presence in Sweden and international operations, the company is at the forefront of closing the loop on tire waste, extracting carbon black, oil, steel, and gas that can be reused in various industries. This not only reduces waste but also provides sustainable alternatives to virgin materials.

From a business perspective, Scandinavian Enviro Systems AB has been actively working on this innovative approach since its incorporation in 2001, with its headquarters based in Gothenburg, Sweden. The companys commitment to environmental sustainability is further underscored by its listing on the stock exchange, allowing for public investment in its mission. For more detailed information, the companys official website (https://www.envirosystems.se) offers insights into its operations, technology, and future plans.

Analyzing the stocks performance and technical indicators, its evident that Scandinavian Enviro Systems AB (SES) has experienced volatility. The stocks last price was 0.77 SEK, with its 20-day Simple Moving Average (SMA) slightly higher at 0.78 SEK, indicating a potential stabilization around this level. However, the longer-term SMAs (50-day at 0.91 SEK and 200-day at 1.64 SEK) suggest a downtrend over the past year. The Average True Range (ATR) of 0.05 (or 6.20%) signifies moderate volatility. The stock has seen a significant range over the past 52 weeks, from a low of 0.69 SEK to a high of 2.57 SEK, highlighting the markets fluctuating sentiment towards the company.

Fundamentally, Scandinavian Enviro Systems AB has a market capitalization of 906.20M SEK, with a forward Price-to-Earnings ratio of 78.74, indicating high growth expectations. However, the absence of a current P/E ratio and a negative Return on Equity (RoE) of -0.15 suggest that the company is currently not profitable, likely due to investment in growth and development. This is not uncommon for companies in the early stages of a significant growth trajectory or those operating in emerging industries.

Forecasting the future performance of SES stock involves analyzing both technical and fundamental data. Given the current downtrend indicated by the SMA values and the high forward P/E ratio suggesting growth expectations, a potential rebound or stabilization could be anticipated if the company meets its growth projections. A key level to watch would be the 52-week low of 0.69 SEK as a support level and the SMA20 as a potential resistance level around 0.78 SEK. Breaking above the SMA50 at 0.91 SEK could be a bullish signal, indicating a potential shift in market sentiment. Conversely, failure to hold above the 52-week low could signal further downside. Investors should closely monitor the companys progress in its operational and financial performance, particularly any signs of reaching profitability and the successful implementation of its technology on a larger scale.