XTRA:2HRAChemicals
H&R GmbH KGaA (XTRA:2HRA) Stock Faces Durability Questions After Profit Surge
H&R GmbH KGaA’s share price closed at €6.16 on Friday, barely moved over the past week, even as the company swung to a solid quarterly profit. Q2 basic earnings per share landed at €1.01 and net income reached €37.7m, a sharp break from the run of recent losses that has defined the past year.
The market is treating this as a cautious shrug. The headline story is a powerful earnings rebound in a stock that still trades on a low price to sales multiple compared with European chemicals peers...