Steel Partners is one of the leaders in the acquisitions business and with a well diversified portfolio reported an increase in revenue of +18.70%, as compared to the same period in the prior year. Also published an increase in EPS of +24%, but its net income and net margins decreased. This aren't the best fundamental siganls but at least has two quarters in a row...
Low volume warning. Flag setup. Break 21.13, Stop signal 19.37, Target 26.83. BAD NEWS - Insider buying.
$SPLP got affected a lot because of this pandemic, well,because it is a global diversified holding company that owns and operates businesses in a variety of industries. With the closing of businesses because of this lock down that's been happening around its not surprising this happened, starting march 10 it became a bear market , but will they recover after this...