Ezion stock seems to be the jewel of offshore & marine stock here after it announced an excellent earning results today. Ezion stock, however was on a halt following the announcement of the quarterly earnings and a joint venture which won contracts. OSK-DMG has given Ezion stock its endorsement with a “Buy” rating at target price of $2.02
Ezion’s earning announcement runs almost opposite to that of Sembcorp Marine stock move: today, investors, traders, speculators dumped Sembcorp Marine stock today, driving it to a low price in recent months after its earning announcement yesterday disappointed many.
As someone who has been observing the market, I have definitely been hearing analysts giving Ezion a rallying “Buy” since months ago. However, I have not bought into Ezion stock yet as I really wondered whether all the positive factors have already been priced into Ezion stock. With other offshore and marine stocks being ...