(NA9) Nagarro SE - Ratings and Ratios

Nagarro SE is a global provider of digital product engineering and technology solutions, operating in multiple countries including Germany and the United States. The companys comprehensive service portfolio includes accelerated quality and test engineering, AI and data analytics, cloud services, cybersecurity, and digital experiences, among others. Nagarros expertise extends to various industries such as automotive, banking, energy, gaming, and healthcare, serving a diverse client base. With a foundation in 1996, Nagarro is headquartered in Munich, Germany, and is accessible online at https://www.nagarro.com.

Analyzing Nagarro SEs stock (NA9), its evident that the company operates within the Data Processing & Outsourced Services sub-industry. The stocks current price is €56.00, indicating a potential downturn given its 52-week high of €100.00. The Simple Moving Averages (SMA) for 20, 50, and 200 days are €58.13, €62.69, and €78.84, respectively, suggesting a downtrend. The Average True Range (ATR) stands at 1.58, or 2.83%, signifying moderate volatility.

From a fundamental perspective, Nagarro SE has a market capitalization of €769.93 million and a Price-to-Earnings (P/E) ratio of 17.88, indicating a relatively reasonable valuation. The Return on Equity (RoE) is 20.21%, showcasing the companys ability to generate profits from shareholders equity. The absence of a forward P/E ratio complicates future earnings projections, but the current metrics suggest a stable financial foundation.

Forecasting Nagarro SEs stock performance involves integrating both technical and fundamental data. The downtrend indicated by the SMA values, coupled with the stock being at its 52-week low, might suggest a potential buying opportunity if the company fundamentally remains strong. The RoE of 20.21% and a reasonable P/E ratio support this optimism. However, the lack of a forward P/E ratio and the overall market trend should be considered. A potential forecast could involve a gradual recovery, with resistance levels possibly forming around the SMA20 (€58.13) and SMA50 (€62.69). A break above these levels could signal a stronger upward trend. Conversely, if the downtrend continues, further support levels would need to be identified below €56.00. Investors should monitor the ATR for volatility changes and adjust their strategies accordingly.