shares4sharing
Long

Is #MGR ready to move up again?

LSE:MGR   None
This share is one of a couple in my portfolio that have lagged behind recently, but I added yesterday @ 36.24p as I think it may bounce from recent support at or around this level. It has a forecast PE ratio of 11.5 but forecast EPS growth of 14.3%. Earning were upgraded in the latter part of the year and it has a price target of 55p. It enjoys a stockrank of 89 and scores high for quality and value... it is only momentum that has been holding it back, so let's see what happens in the new year?
A big thank you to the peeps who bought this share after my post today, which prompted it to rise and close for 2017 at 37.64p... always nice to get an early gain under the belt. Let's see if we can build on this. Happy new year everyone.
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