ASX:CLXLogistics
CTI Logistics (ASX:CLX) Shares Rally On Margin Strength And Low P E
CTI Logistics stock came into today on a strong run, with the price at A$2.97 after double digit gains over 7, 30 and 90 days. The latest full year result puts one issue front and center for you as a shareholder. The key story is margin strength. Trailing net profit margin sits at 6.7%, compared with 4.4% a year earlier, and earnings growth over the past year is described as sharp. That mix of higher profitability and an already low P/E presents a very different picture compared with the...