AVANTI FEEDS LTDLong
Avanti Feeds looks good for investment
Updated
Reasons why Avanti Feed looks like a good investment
1) Great QoQ performance in 2023
2) Negative investing cash flows suggest the company
investing for future growth
3) Improvements on the balance sheet, such as an increase
in Fixed Assets, CWIP, and Investments
4) Debt-to-Equity ratio is close to 0
5) Close to its mean value and potential to deviate
positively
6) Performed better than its peers, has been able to
restrict its downside and hence show more strength
This is just an investment spotting that I did and I might potentially go long. Not a recommendation to go long. Consult your financial advisor before taking any trades/investment. Currently, I do not have any positions in Avanti Feeds.
1) Great QoQ performance in 2023
2) Negative investing cash flows suggest the company
investing for future growth
3) Improvements on the balance sheet, such as an increase
in Fixed Assets, CWIP, and Investments
4) Debt-to-Equity ratio is close to 0
5) Close to its mean value and potential to deviate
positively
6) Performed better than its peers, has been able to
restrict its downside and hence show more strength
This is just an investment spotting that I did and I might potentially go long. Not a recommendation to go long. Consult your financial advisor before taking any trades/investment. Currently, I do not have any positions in Avanti Feeds.
Trade closed: target reached
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