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The crisis-stricken battery manufacturer Varta has closed the year 2022 with a bitter loss. Below the line, the troubled company posted a loss of around 200 million euros last year. This was due to a. | April 25, 2023 ....
14.55% Technically, timing appears good within a medium term time horizon to buy shares in Varta AG. The technical support area at 103 EUR effectively limits downside risk and should allow the stock to get back into an upward dynamic. Investors have an opportunity to buy the stock and target the € 137. Summary The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. For a short-term investment strategy, the company has poor fundamentals. Strengths Share prices are approaching a strong support area in daily data, which offers good timing for investors. According to sales estimates from analysts polled by Standard & Poor s, the company is among the best with regard to growth. ....