BIT:EQUICapital Markets
Equita Group (BIT:EQUI) Stock Trades Cheap As Margins Hold Near 20%
Equita Group stock has lost a little ground in recent weeks, with the shares down about 2% over seven days and slightly lower over the past month, yet the latest earnings print tells a stronger story than that drift suggests. The headline this quarter is profit power. Q2 basic earnings per share came in at about €0.16 on revenue of roughly €37.7m, which keeps trailing twelve month margins near 20% and leaves the P/E at about 11.5x, below both domestic and sector averages. For anyone thinking...