Stock forecast/ Dong energy/ Our expectations
Fundamental analyse: One of the biggest companies in Denmark operating the the sector of "green energy". This week the company received contract for building the world's biggest offshore wind farm, which will be located near UK coast. The financial analyse of the company shows significant improvement of the income in the last 4 years. Net income for 2015 was -9,484 billions, and for 2016 was 8,046 billions.
In the chart below we can see how the company is moving against the Danish energy ETF
The exposure of the ETF is 6% toward danish companies and as we can see, Dong energy is performing better that the country's sector.
On the chart above we can see that the revenue of the company against company's debt. We can see that the revenue is increasing and the debt is decreasing. This is positive for the stock.
In the last chart we see that the capital expenditures are smaller than the gross profit. This shows that the company is profitable and can cover it's expenditures with operating profit.
Technical analyse: Long-term upward trend. The price corrected to level of diagonal support. Dem is still in positive territory. The price is above 50/200 SMA - positive sentiment persists.
SL: 42.50
Trader Bozhidar Arabadzhiev
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