OB:JACKEnergy Services
Jacktel (OB:JACK) Stock Price Hinges On Rich Margins And Heavy Debt
Jacktel stock closed at NOK5.9 on 25 August, with the market already pricing in a company that trades on a very low P/E multiple and carries heavy debt. The earnings story behind that price is more complicated. Over the last year Jacktel has produced a very high net profit margin of 46.8% and earnings that are many times higher than a year ago, yet the balance sheet still leans on significant leverage. Short term traders may focus on the discount and momentum, while long term investors are...