BIST:KENT for symbol KENT by bistking — NewsOfFinance


Kent Gıda Maddeleri Sanayii ve Ticaret A.Ş. (CITY)

(Weekly Chart)

0.54%, which has the lowest circulating share among food stocks

The share, which went to the split with Capital Increases in August 2020, continued to be priced vertically after the peak.

It gained 3390% in a period of 154 days with incredible share price growth for 2020 stock.

When we examine today’s Food stocks, the FK ratio is high. Here the annual growth rate in the Company’s 3rd incoming financials is still weak for the price, which means I expect the stock to rise over time and price flat on the terms. In addition, Food will be well-premium in stocks and since it creates alternative stocks with the latest balance sheets, it also restricts the movement here.

My expectations are that I expect a horizontal price movement until the end of the year.

176.0 price is band level to suppress as Short

Can target 146.0 Short

I guess you will see max 247.0 as long

But let’s not forget that it is the food stock with the lowest share share rate and it will always be premium compared to other stocks in price. should be kept in the portfolio at appropriate declines.

Soruce : https://tr.tradingview.com/chart/KENT/qB2N4uH5/

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