Quoting P/E Ratio meaning:
Investopedia
" What Is the Price-to-Earnings (P/E) Ratio?
The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share (EPS). Often called the price or earnings multiple, the P/E ratio helps assess the relative value of a company's stock. It's handy for comparing a company's valuation against its historical performance, against other firms within its industry, or the overall market."
end of quote
Trade active
Golden cross on Monthly suggest that, if and only if, we rhythm with the past 30 Years or soour trough here with mkts permitting is as shown on the chart below
Trade closed: target reached
Correlation Coefficient with SPX is as low as it gets !!!Technical Vs Fundamentals
Technically W have a trough already or @
+- $60
Fundamentally Zacks just ranked it #5 Strong sell !
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.