- The company’s shares have been on a prolonged decline that is suddenly reversing in January and the shares are 70%+ off the recent lows.
- This seems to be a belated reaction to more favorable Q3 figures with a revival in orders, margin recovery, and materials plants getting ready for production.
- It will take a while for the company to restore to the highs of 2017 though, so while progress is undeniable, we won’t be buyers at these levels.
- Longer-term, the shares could still be interesting, but we need more proof of material progress.
CVD Equipment Delayed Rally On Orders And Material Plants
February 7th, 2020 · No Comments