ENXTAM:FLOWCapital Markets
Flow Traders (ENXTAM:FLOW) Stock Price Faces Doubts After Strong Trading Quarter
Flow Traders stock closed at €26.48 on Friday, only slightly higher over the past month, even as the company just printed one of the richer quarters in its recent history. Net trading income of €147.8m and a 53% return on trading capital point to a trading engine that is still highly productive.
The mood in the market looks cautious while the earnings story is about resilience. With earnings per share of €0.93 and an EBITDA margin of 43% in the quarter, the question for investors now is...