tigerpac
1 month ago
Earnings today after the bell. Been consolidating in lower 8 level since beginning of the month.
Market Edge says to avoid, also indicating it's a better short candidate. Company has put together a string of good earnings reports but just can't quite get over the hump and always stalls before breaking 10 level. Consensus is six cents eps for this reporting Q. Of course, forecast is everything here.
Company provides payment services ports for retail hospitality, vending machines, laundromat, car washes, arcades. Perhaps a back to work environment (less remote) show push the top line higher but also depends on unemployment levels as well.
Still long. If it breaks 10, then 12-13 is likely within 30-60 days.