(ACCON) Acconeer - Ratings and Ratios

Acconeer AB (publ) specializes in radar sensing solutions, leveraging cutting-edge technology to deliver precise distance, speed, motion, and object detection capabilities. Their product lineup includes the A121 radar sensor, which offers detection up to 20 meters, and the A111 radar sensor with a range of up to 12 meters. Additionally, they provide specialized modules such as the XM123 for presence and motion detection, XM124 with integrated baseband and front-end, XM122 and XM126 with onboard antennas for seamless integration, and XM125 radar module.

The company also offers a range of evaluation kits, including the XE121 for the A121 sensor, XE125 for the XM125 module, XE124 for the XM124 module, and XE112, designed for use with Raspberry Pi. Acconeer has established a strategic collaboration with Alps Alpine Co., Ltd. to supply radar sensors to the automotive industry. Their solutions are utilized across various sectors, including robotics, consumer electronics, IoT, smart cities, industrial and agriculture, healthcare and fitness, and automotive applications.

Headquartered in Malmö, Sweden, Acconeer AB was founded in 2011 and is listed on the Stockholm Stock Exchange under the ticker symbol ACCON. The company operates within the Electronic Components sub-industry and can be found online at https://www.acconeer.com.

Based on current and , here is a 3-month forecast for Acconeer AB (ST:ACCON):

Given the stocks current price of 5.40 SEK and SMA20 at 5.09, SMA50 at 4.92, and SMA200 at 6.46, the stock is trading below its 200-day moving average, indicating potential bearish momentum. The ATR of 0.29 suggests low volatility. With a market cap of 382.25M SEK and P/B of 1.68, the stock is fairly valued relative to its book value. The negative RoE of -13.82 and high P/S of 7.45 indicate growth-oriented investor sentiment despite current losses.

Over the next three months, expect the stock to trade sideways within a narrow range, with potential upside driven by positive earnings surprises or new partnership announcements. The stock may face resistance near the SMA200 level of 6.46 and support near the SMA50 level of 4.92. Investors should monitor earnings reports and industry developments for cues on future direction.