BIT:FCTMachinery
Fincantieri (BIT:FCT) Valuation Check After New Cruise Ship Contract And Follow On Equity Offering
Fincantieri (BIT:FCT) is back in focus after securing an agreement with Norwegian Cruise Line Holdings for three new cruise ships and completing a roughly €499.3m follow on equity offering.
See our latest analysis for Fincantieri.
Despite the new cruise ship contract and the roughly €499.3m follow on equity offering, Fincantieri’s recent 30 day and year to date share price returns have been weak, while its 1 year and multi year total shareholder returns remain very strong. This suggests...