Further Upside For Echeverría Izquierdo S.A. (SNSE:EISA) Shares Could Introduce Price Risks After 30% Bounce
The Echeverría Izquierdo S.A. (SNSE:EISA) share price has done very well over the last month, posting an excellent gain of 30%. The last month tops off a massive increase of 130% in the last year.
Although its price has surged higher, given about half the companies in Chile have price-to-earnings ratios (or “P/E’s”) above 11x, you may still consider Echeverría Izquierdo as an attractive investment with its 7.5x P/E ratio. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s limited.
Recent times have been quite advantageous for Echeverría Izquierdo as its earnings…