ENXTPA:NEXElectrical
Is It Too Late To Consider Nexans (ENXTPA:NEX) After Its Strong Multi Year Run?
If you are wondering whether Nexans is still reasonably priced after its recent run, or if the value story has started to cool, this article is for you.
The share price closed at €126.60, with a 9.8% decline over the past week, a 2.2% gain over the last 30 days, and returns of 21.4% over 1 year, 47.9% over 3 years, and 123.2% over 5 years.
These moves have put valuation back in focus, especially for investors comparing the recent short term pullback with the stronger multi year returns. With...