(CANDLE-B) Candles Scandinavia Series - Ratings and Ratios

Candles Scandinavia AB (publ) is a Swedish manufacturer specializing in scented candles made from plant-based wax derived from rapeseed oil, emphasizing sustainability and eco-friendly production methods. The company produces candles under both private labels and its own brands, catering to a diverse range of markets and consumer preferences. Established in 2009 and headquartered in Örebro, Sweden, Candles Scandinavia has built a reputation for quality and innovation in the home fragrance sector. The companys product portfolio includes collaborations with well-known brands such as Yankee Candle, WoodWick, and Blanche, as well as its proprietary labels, Olivia & Co, Millefiori Milano, and Leyonore. Its website can be accessed at https://www.candles.se.

From a technical perspective, Candles Scandinavia AB Series B (ST:CANDLE-B) is currently trading at 14.60 SEK, below its 20-day, 50-day, and 200-day moving averages of 17.81, 18.42, and 21.31 respectively. This indicates bearish momentum in the short to long term. The stocks Average True Range (ATR) of 0.70 suggests moderate volatility, while its average 20-day volume of 5,977 shares reflects limited liquidity. The relative strength index (RSI) is not provided, but the stocks position below its key moving averages suggests potential oversold conditions.

Fundamentally, Candles Scandinavia AB has a market capitalization of 144.91M SEK, with a forward P/E ratio of 158.73, indicating high expectations for future earnings despite current challenges. The companys price-to-book (P/B) ratio of 1.99 suggests that the stock is fairly valued relative to its book value. However, the negative return on equity (RoE) of -18.55% highlights profitability struggles, which could impact investor sentiment. The price-to-sales (P/S) ratio of 0.90 indicates modest valuation relative to revenue.

3-Month Forecast - Technical Outlook: The stock is likely to remain under pressure in the near term, with resistance at the 20-day SMA (17.81) and 50-day SMA (18.42). A breakdown below the current price level could test support at 13.50 SEK, while a breakout above 18.42 SEK may signal a trend reversal. - Fundamental Outlook: The companys ability to improve profitability and reduce losses will be critical in the next quarter. With a forward P/E of 158.73, the market expects significant earnings growth, which may be challenging given the current macroeconomic environment. - Risk/Reward: The stocks low average volume and high ATR suggest higher risk for short-term traders. Investors should monitor earnings reports and operational updates closely, as these will likely drive price action in the coming months.