Sound Global broke out from a Falling Wedge and seem like starting an uptrend. Currently Sound Global is testing on the uptrend channel support. If this support holds, the stock is forming “Higher High, Higher Low” uptrend pattern. Price target for this breakout is minimum $0.80.
- 0% FR = $0.57
- 61.8% FR = $0.64
- 100% FR = $0.685
- 161.8% FR = $0.756
About Sound Global
Sound Global Ltd. provides water and wastewater treatment solutions in China. The Company is involved in engineering, procurement, construction and equipment fabrication. It plans to become an integrated solutions provider through its operations management and build-operate-transfer projects.
Key Statistics for SGL
|Current P/E Ratio (ttm)||9.3808|
|Relative P/E vs. FSSTI||0.7682|
|Earnings Per Share (CNY) (ttm)||0.3510|
|Est. EPS (CNY) (12/2012)||0.3450|
|Est. PEG Ratio||–|
|Market Cap …|