Q: Hi 5i
After the large run up in sp, the stock seems to be having large retracement, Is there any news driving this that investors should be paying attention to?
Does this cause 5I any concern in short to medium term.
thx
After the large run up in sp, the stock seems to be having large retracement, Is there any news driving this that investors should be paying attention to?
Does this cause 5I any concern in short to medium term.
thx
5i Research Answer:
GSY is up 36% in a year, earnings were solid, and the dividend was raised 22%. The stock is down on no material news and low volume. At 9X earnings we do not have concerns.