Q: This stock has been going down. What is your view of this company and its purchase of C2AE ?
Thank you, Cheers
Thank you, Cheers
5i Research Answer:
ATRL did not disclose metrics on its C2AE acquisition but it seems like a standard deal for the company to us. The company is decent and has largely recovered from its problems of several years ago. It is benefiting from infrastructure spending in several areas, particularly the growth of nuclear. It is not cheap at 27X earnings, but the balance sheet is fine and good growth is predicted for the next few years, at least. It reports on Thursday.