Based on a composite score of 5.52/10, we rate MEG as a Netural. Our analysis breaks down into 8.16/10 for Fundamentals, 2.43/10 for Technicals, and 5.75/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Technical Analysis of MEG?
MEG presents a Underperform setup with a Technical Score of 2.43/10. Key technical indicators highlight an RSI of 54.86 and a MACD of 0.50, with the trend anchored by the 50-Day SMA at 24.92. Traders should monitor key support at 23.25 and resistance at 23.92.
Is MEG undervalued or overvalued?
MEG scores 8.16/10 on fundamentals and holds a Discounted valuation at present. Backed by its 0.65% ROE, -2.52% net margin, -17.62 P/E ratio, 1.90 P/B ratio, and 43.92% earnings growth, these metrics solidify its Outperform investment rating.
What is the analyst consensus for MEG?
MEG holds a Bearish analyst rating, with 50% of experts assigning a Strong Buy grade. Factoring in net Inflows from order flow data, the comprehensive Sentiment Score stands at 5.75/10 (Netural).
Is MEG a Buy, Sell, or Hold?
Based on a composite score of 5.52/10, we rate MEG as a Netural. Our analysis breaks down into 8.16/10 for Fundamentals, 2.43/10 for Technicals, and 5.75/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Is MEG undervalued or overvalued?
MEG scores 8.16/10 on fundamentals and holds a Discounted valuation at present. Backed by its 0.65% ROE, -2.52% net margin, -17.62 P/E ratio, 1.90 P/B ratio, and 43.92% earnings growth, these metrics solidify its Outperform investment rating.
Technical Analysis of MEG?
MEG presents a Underperform setup with a Technical Score of 2.43/10. Key technical indicators highlight an RSI of 54.86 and a MACD of 0.50, with the trend anchored by the 50-Day SMA at 24.92. Traders should monitor key support at 23.25 and resistance at 23.92.
What is the analyst consensus for MEG?
MEG holds a Bearish analyst rating, with 50% of experts assigning a Strong Buy grade. Factoring in net Inflows from order flow data, the comprehensive Sentiment Score stands at 5.75/10 (Netural).
