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Thursday 3 October 2013

End of uptrend for Biosensors?


Is Biosensors ending its short uptrend with a double tops? Its stochastic oscillator is already showing divergence. Data from Yahoo:

PE = 17.5
EV/EBITDA = 11.1 (slightly too high)
P/B = 1.3
profit margin = 29%
ROE = 7.9%
current ratio = 11.2

From Reuters:

5-year low (5) < PE (14) < 5-year high (24)

Sales and income shrinking may be the reason for its drop. This company is expected to grow. Current PE is at about 5-year average.


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