Delta Plus Group’s (EPA:ALDLT) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Delta Plus Group (EPA:ALDLT) shares have continued their recent momentum with a 25% gain in the last month alone. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 21% in the last twelve months.
In spite of the firm bounce in price, Delta Plus Group may still be sending bullish signals at the moment with its price-to-earnings (or “P/E”) ratio of 12.8x, since almost half of all companies in France have P/E ratios greater than 17x and even P/E’s higher than 31x are not unusual. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s limited.
We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See…
