Anta Sports has been in cosolidation mode since reaching its 52-week high seen at HKD125.30 with support level seen at HKD76.85. Current share price is breaking above its MA 20 and 50 lines. In line with indicators currently showing uptick momentum, share price is expected to move higher.
Net profit is expected to grow at a CAGR of 19% for the next 3 years with stable net margins of more than 15%.
Source: Rakuten Research - 7 Aug 2023
To sign up for an account: http://bit.ly/40BNqKI
[Youtube Tutorial] Account Opening & Enable Foreign Equity: http://bit.ly/3I5Jzxo
Created by rakutentrade | Jul 18, 2024