SWX:GURNChemicals
Gurit Holding (SWX:GURN) Profit Recovery Sharpens Focus On 11.3x P/E
Gurit Holding stock has quietly climbed over the past month, yet today’s H1 report puts the real story in the profit line rather than the share price. The composite materials group is back to earning money, with basic earnings per share of CHF 1.92 and net income from ongoing business of CHF 8.97m, while the trailing P/E sits at 11.3x. For a company that only recently returned to profitability, that mix of earnings and valuation is what traders are weighing more than the latest daily tick in...