XTRA:GFGSpecialty Retail
Global Fashion Group (XTRA:GFG) Stock Looks Cheap As Profitability Improves
Global Fashion Group stock closed at €0.468 on Thursday, with recent returns only slightly positive over the past month and weaker over the last quarter. The market is treating this as a troubled ecommerce fashion story. The headline from the latest earnings is very different. The group has produced its first profitable half year on the current footprint and lifted adjusted earnings guidance, while still trading on a P/S multiple well below peers.
For short term traders the muted share price...