Long
Phillips Carbon Black Rebound
Technical alert from my screener.
Company is at good valuation and posted a good Q2 result.
Price action around 200EMA suggesting a potential upmove.
EV/EBITDA - 6.7
PE ~ 13 and PB ~ 2
Rubber futures are also on an uptrend which can turn to more bottom line growth for the company
Company is at good valuation and posted a good Q2 result.
Price action around 200EMA suggesting a potential upmove.
EV/EBITDA - 6.7
PE ~ 13 and PB ~ 2
Rubber futures are also on an uptrend which can turn to more bottom line growth for the company
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